Samsung named LCD TV market leader

Janet Harris

October 20, 2009

Samsung named LCD TV market leaderSamsung Electronics sold one million units of its first full line of advanced LED HDTVs over a six month period from their launch in March, making it leader of the global LED TV market.

The company holds 90% of the global LED market, and hopes to sell 3.7 million units in 2009.

The company was also recognised as leader in the LCD TV market, in Frost & Sullivan’s 2009 Award for Market Leadership of the Year.

Samsung leads the global LCD TV market, achieving a share of over 22% in 2008.

Frost & Sullivan Research Analyst Karthik Kamalakannan said: “Samsung LCD TVs are increasingly preferred despite the higher average selling price, thus establishing them as premium products among competition.”

Samsung also announced its Internet@TV feature which allows widgets for streaming content from Blockbuster On Demand and Amazon Video On Demand services using the Internet@TV feature offered on LCD and Plasma HDTVs Series 650 and above and LED-backlit HDTVs Series 7000 and above.


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