Samsung Top Selling TV Manufacturer

Samsung Electronics was the top maker of televisions in the second quarter of this year with a share of 12.4% of the global TV market. Second, third, fourth and fifth place were taken by LG Electronics, Philips, Sanyo Electric and TCL respectively. Samsung's dominance has had a lot to do with the strong sales of LCD TVs this year.

Research firm iSuppli has forecasted that as flat-screen LCD TVs and plasma TVs gain in popularity over the next year, cathode ray tube (CRT) TVs will account for only 38% of TV sales next year compared to 56% this year. Samsung was trailed closely by LG Electronics with only a 1% market share separating the two companies, so it will be interesting to see if this competition heats up as CRT's lose popularity over the next few years.

Via Reuters

Read More in: Televisions

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