Samsung, LG to Boost Dominance in LCD Market
By wchung | 20 Jun, 2026
The global LCD market will shrink 2.6% in the first half of 2011 to a total of about $44 bil., reported U.S.-based DisplaySearch.
Samsung Electronics will keep its leading 26.9% of the market, followed by LG Display’s 25.6%, giving the Korean duo a dominant 52.5% market share. That is a 2.7% increase from the same period of 2010.
The newer LED technology is expected to move into the mainstream next year following steep price reductions. 3-D TVs are also expected to gain mainstream acceptance as prices drop.
Samsung Electronics is pushing to boost market share by increasing facility investment in 2010 from its current target of about $16 billion. LG Display also recently announced a $1 bil. investment in 2012 to expand its LCD production capacity.
Recent Articles
- Charles Schwab Working with Cboe to Enter Prediction Market
- Mexico's Love Affair with All Things Korean — Until Thursday's Kickoff
- The Making of a Striking Tiger
- Japan's World Cup Prospects Brighter Than Their Single Group Point Might Suggest
- International Stars in the Red Devils' Lineup Suggests a Deep World Cup Run for S. Korea
- Italy's Meloni Says Trump 'Totally Invented' Story That She Begged Him for Photo
- Lebanon Ceasefire Agreed After US-Iran Talks in Switzerland Scrapped
- Qantas Bets on Sleep and Light Science to Sell 20-Hour Flights
- High-Wire Diplomacy Delivered US-Iran Deal but the Tricky Part's to Come
- Pentagon Asks for $80 Billion for Iran War Bills
