Samsung maintains top slot in U.S. TV market for 60 months

Samsung maintains top slot in U.S. TV market for 60 months

 

Samsung Electronics Co., the world's largest flat-panel TV maker, maintained its status as the top flat-panel TV seller in the U.S. for 60 consecutive months, data showed on Tuesday.

Samsung Electronics retained the top spot in March with a 29.4 percent market share in terms of revenue, according to the data compiled by global market research firm NPD Group.

The figure was 3 percentage points higher than in February, the data showed.

Samsung has kept its top position since April 2008 in terms of monthly sales. Also, the South Korean electronics firm has maintained the top slot since 2006 in terms of annual sales.

Vizio of the U.S. came in second with a 16.9 percent interest, followed by LG Electronics Co. of South Korea with a 10.5 percent share, the data showed.

Samsung also trumped others in light emitting diode (LED) TV sales, with its market portion reaching 33.5 percent in the January-March period, putting its rival U.S. Vizio at a distant second with 21.5 percent. LG Electronics trailed behind Vizio with 11.7 percent.

In the smart TV sector, Samsung claimed a 37 percent share, relegating Vizio and Sharp Corp. of Japan, which held 29.2 percent and a 12.2 percent interest, respectively, to the second and third spots, it showed.

Samsung also racked up a 47.4 percent share in terms of 3D TV sales, followed by LG Electronics with a 21.2 percent, the data showed. (Yonhap News)

 

Source : Korea Herald

 

 

Amy Jeong

International Marketing Dept. KOMMA
+82-2-3459-0041 jjy0331@komma.org
SIMTOS2014 Secretariat
Tel: +82-2-3453-2721
Fax: +82-2-6280-2721

LG Electronics forecast to ship over 50 mln smartphones this year

LG Electronics forecast to ship over 50 mln smartphones this year

 

 

South Korean consumer electronics giant LG Electronics Inc. is expected to sell more than 50 million smartphones this year on the back of strong demand for its flagship Optimus G line-up and mid and low-end smartphones, brokerage houses said Tuesday.

LG Electronics, the world's No. 3 smartphone maker, sold some 26.3 million smartphones last year.

Korea Investment & Securities said in a report that LG Electronics is expected to sell 53.29 million smartphones this year. Hyundai Securities and KB Investment & Securities put their estimates for LG's smartphone shipments at 50.3 million and 52.3 million, respectively.

Their estimates on LG's smartphone shipments also compare with LG's own forecast of 40 million made in February.

Korea Investment, in particular, projected the Optimus G Pro, LG's premium smartphone, would sell more than 1 million units in every quarter of the year.

Hyundai Securities also said LG's brand awareness is now buoyed by its various smartphone line-ups, and its sales of mid and low-end smartphones are also getting a boost in the global market.

According to data compiled by research firm Strategic Analysis Inc., LG Electronics ranked third in the world in terms of smartphone shipments for the first time on the back of strong demand for its flagship Optimus G line-up.

LG Electronics sold a total of 10.3 million smartphones in the first quarter, doubling from 4.9 million units a year earlier, with its market share standing at 4.9 percent, the data showed.

LG, a latecomer to the smartphone sector compared with bigger rivals Samsung Electronics Co. and Apple Inc., has been struggling to reclaim its mobile foothold.

But its efforts seem to be paying off. Its mobile communications business logged an operating income of 133 billion won in the first quarter, after it posted an operating income in the previous quarter for the first time in three years.

The unit, which covers handset sales, had been in the red for the past years due to increased marketing costs and growing competition from low-end handset makers. (Yonhap News)

 

 

Source : Korea Herald

 

Amy Jeong

International Marketing Dept. KOMMA

+82-2-3459-0041 jjy0331@komma.org

SIMTOS2014 Secretariat

Tel: +82-2-3453-2721
Fax: +82-2-6280-2721

The promotion for SIMTOS in foreign countries gets more dynamic.

The promotion for SIMTOS in foreign countries gets more dynamic.  

Following the road show in India and China, SIMTOS2014 Road Show which co-organized by Korea Machine Tool Manufacturers‘ Association(KOMMA) and Taiwan Machine Tool & Accessory Builders‘ Association(TMBA), will be held at 16:30 on May 7^th, at Windsor square of Windsor Hotel located in Taichung of Taiwan. SIMTOS2014 Road show for Taiwanese companies who have high interests in Korean machine tool market including end user industries of machine tools. KOMMA assures that this occasion would be highly satisfied with a detailed explanation of Korean machine tool trend as well as outlook for better understanding the competitiveness of Taiwanese companies for success.

 

More Information?

TMBA (Taiwan Machine Tool & Accessory Builders' Association) Mr. Peter Chien

 

Tel :+886-4-23507583

Fax :+886-4-23501596

E-mail: peter@tmba.org.tw

Amy Jeong

International Marketing Dept. KOMMA

+82-2-3459-0041 jjy0331@komma.org

SIMTOS2014 Secretariat

Tel: +82-2-3453-2721

Fax: +82-2-6280-2721