Samsung Electronics Co. posts record-high market share for computer monitors in 2009

15:29, April 06, 2010      

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Samsung Electronics Co., South Korea 's largest electronics manufacturer, said Tuesday that it has posted a record-high market share for computer monitors in terms of sales revenue worldwide in 2009, marking the third consecutive year to hold the top spot.

Citing a report by technology research firm IDC, Samsung said that its share of 17.9 percent market share in terms of sales revenue in the overall monitor market worldwide last year was the highest in the field, a position the South Korean company has held since the first quarter of 2007.

Last year's market share was 5.1 percent larger than the second largest monitor manufacturer's share, a substantial increase from the 1.5 percent and 2.5 percent gap in 2007 and 2008, respectively, the company said.

In the LCD monitor market, Samsung recorded an 18.0 percent share in terms of sales revenue, up 1.8 percent from the 2008 figures, and a 5.2 percent lead over the second place manufacturer, it added.

In terms of unit sales, Samsung sold a total of 160.2 million monitors in the global market last year, roughly 6 million units less than 2008, and LCD monitors accounted for over 99 percent of its total monitors sold with 159.2 million units, according to the report.

"Samsung monitors are strengthening their reputation as peerless products in the global monitor market," Kim Jin-hwan, Vice President of the Visual Display Business at Samsung Electronics, said in a statement.

Source: Xinhua


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