LG Beats Sony for in Global LCD TV Market

_noms_
By _noms_

LG Beats Sony for No.2 in Global LCD TV Market LG Electronics took second place in sales in the global LCD TV market in the first quarter, overtaking Sony for the first time.

Market researcher DisplaySearch said Tuesday that LG posted US$2.86 million in LCD TV sales in the quarter, taking a 13.2 percent share of the market and outpacing Sony with $2.45 million and an 11.3-percent share.

In the fourth quarter of last year LG ranked third with sales of $2.99 million and a share of 11.4 percent, trailing Sony with $3.68 million and 14.1 percent.

LG attributed the achievement to an increased proportion of premium TVs in its product line.

It also widened the gap with the Japanese firm in terms of sales volume. LG sold 9.04 million TV sets in the first quarter, grabbing 16.5 percent of the market, 9.7 points more than Sony which sold 3.71 million sets. In the previous quarter LG took a 14.4 percent share of the market compared to Sony's 8.1 percent.

Meanwhile, Samsung Electronics, the world's top TV maker, saw its share by sales fall to 21.6 percent in the first quarter from 23.8 percent a quarter earlier. The drop is due to rising competition in the premium LED TV segment where Samsung used to be the sole player.

::Link:: http://english.chosun.com/site/data/html_dir/2010/05/26/2010052600797.html

***I've always been Sony & Samsung Fan as far as LCDs were concerned...what would you go for?***

By mjamille28• 26 May 2010 15:17
mjamille28

yeah vic, that's true...

By Victory_278692• 26 May 2010 15:16
Victory_278692

Weight on the pocket differ MJ

LG is lightest....Sony is Heaviest

By mjamille28• 26 May 2010 15:13
mjamille28

LG, Sony, Samsung, Philips, etc.. what's the difference, they're all decent brands anyway...

By anonymous• 26 May 2010 15:11
anonymous

almazgem maybe it was because he gets higher commission for selling LG ;-)

By almazgem• 26 May 2010 15:03
Rating: 4/5
almazgem

we were planning to buy new LCD and were confused between Sony & LG bcos of the picture quality then the showroom salesman told us that other than sony everyone uses enhancers which looks good in the showroom but doesnt give same results at home. I must say he was a real salesman...giving correct information to the customers.

By Victory_278692• 26 May 2010 14:36
Rating: 3/5
Victory_278692

Undoubtedly, Sony is making huge profits and targets Elite customers........

Even we were using Sony products like brand crazy but recently all replaced by LG and Samsung!

By anonymous• 26 May 2010 14:35
anonymous

noms I actually bought Philips LCD, see my first post. They don't sell much here but I trust only Philips for Quality though they are priced similarly to Sony.

By _noms_• 26 May 2010 14:32
_noms_

WK: r u working with 51 east / modern home / darwish holdings / Sony - Middle East / Sony Japan ?? :P :P

90% electronics in my living room comes from Sony brand,,& i'v been trusting it since my teenage i can say. The only point where i would raise my hands for Samsung LED TVs is when it comes to picture sharpness..however, this dosen't indicate the durability of the product....iam sure Sony LEDs would beat Samsung when it comes to reliability & consistency.

By anonymous• 26 May 2010 14:17
anonymous

noms Sony is not intended for everyone. They have to keep the prices high to maintain their brand image of a premium product. Samsung is just selling at a lower price so have more volume, Sony has more margins, It's the management call as to what they want to achieve. I don't see how Samsung beat Sony with these figures. Sony can't cut price to Samsung level as that loses them the brand image that they have spent decades creating. In quality Samsung isn't even close to beating them anyway.

By Victory_278692• 26 May 2010 14:17
Victory_278692

Pricing factor do work globally....

BUT Sony is SONY ;)

By _noms_• 26 May 2010 14:13
_noms_

WK: you can't go with both beliefs here,,its well known Samsung LEDs beat Sony LEDs. if Samsung copied it from Sony, they obviously did a better job & offering for lower price.

http://www.koreatimes.co.kr/www/news/biz/2010/04/123_42167.html

By flor1212• 26 May 2010 10:02
flor1212

business competition! And it's good for consumers like us!

By anonymous• 26 May 2010 09:46
Rating: 4/5
anonymous

Copied is never better than original noms, it's just cheaper.

By asif_khan• 26 May 2010 09:13
Rating: 4/5
asif_khan

the built quality of SONY is no doubt better than SAMSUNG or LG but the price is the real issue it is much costlier than its competitors thats why people go for other alternative like SAMSUNG as SAMSUNG is the second best

By _noms_• 26 May 2010 09:08
_noms_

WK: & copied is better than original. lolx

By asif_khan• 26 May 2010 09:05
asif_khan

even nowadays LG A/CS are even assembled in india escpecially the piston ones but work like hell good one

By anonymous• 26 May 2010 09:04
anonymous

Sony was the first one to incorporate LED technology by the way. Samsung just copied.

By _noms_• 26 May 2010 09:01
_noms_

Samsung LED Technology is killing sharp.. awesome!

By _noms_• 26 May 2010 09:00
_noms_

LG = Korea Parts - Assembled in Korea

Sony = Japan Parts - Assembled in Malaysia.

By asif_khan• 26 May 2010 08:59
Rating: 5/5
asif_khan

i m a SONY fan but i have used SAMSUNG LG electronics and they are pretty nice works smoothly without any hassels

By Arien• 26 May 2010 08:54
Arien

LG and SONY ? come on, I wouldnt compare

By _noms_• 26 May 2010 08:52
_noms_

indian made TV = Onida ??

is it good?

By flor1212• 26 May 2010 08:47
Rating: 3/5
flor1212

and I am using a Samsung LCD now. ButI also have an Indian-made TV as my first TV here!

By _noms_• 26 May 2010 08:46
_noms_

btw gadarene,,its not a big difference between LG & Sony/Samsung LCD prices.

have you ever touched LG TV panels & compared it with Samsung & Sony? seems LG got a better one...samsung panels got lot of fluid.

By _noms_• 26 May 2010 08:44
_noms_

gadarene: I never meant LG is superior to Sony / Samsung..but just wanted to know how many QLers support LG & addup to its sales win?!

By soniya• 26 May 2010 08:40
soniya

hurray, party time for me coz i have LG LCD at home..

By flor1212• 26 May 2010 08:33
Rating: 4/5
flor1212

and China-made electronics. Japanese-made is already scarse!

By smoke• 26 May 2010 08:32
Rating: 2/5
smoke

Nothing to beat the Samsung LED TV's they are just freaking awejawdroppingsome!

By anonymous• 26 May 2010 08:31
Rating: 4/5
anonymous

none is better than sony, specially its blue-ray tech...

By anonymous• 26 May 2010 08:30
Rating: 4/5
anonymous

quantity DOES NOT equal quality mate...basically the report says LG sold more LCD's than Sony,that doesn't make it better than Sony,it only means LG is cheaper than Sony & cheaper is almost always never better now is it?...so Sony costs more but for a reason...it's better...

By anonymous• 26 May 2010 08:28
Rating: 2/5
anonymous

Philips LCDs, That's what I have at home.

By cherukkan• 26 May 2010 08:27
Rating: 5/5
cherukkan

Samsung is the best.

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