News Stories

Korean TV makers nab 50 pct of U.S. market share

[Korea Herald]

Samsung Electronics Co. and LG Electronics Inc. clinched a combined 50 percent share of the U.S. TV market in the July-September period, an industry report showed Monday, thanks to strong demand for their premium TVs with 3D features and Web connectivity.  …

… Korean TV makers also posted fast growth in the U.S. 3D TV market. Samsung and LG accounted for a combined 71 percent of 3D TV sales in the U.S. during the third quarter, compared with 57 percent in the first quarter and 69 percent in the second quarter, according to NPD data. 

In the meantime, Sony’s 3D TV share fell to 12 percent in the July-September quarter, compared with 28 percent in the first quarter. Panasonic held steady at a 12 percent share from the first to the third quarter. 

Both Samsung and LG, which engaged in public battles over 3D TV technologies earlier this year, said that they plan to expand sales in the North American market during the second half of this year as they begin to ship new models after summer.

See the full story here: http://www.koreaherald.com/national/Detail.jsp?newsMLId=20111031000365

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