It has been reported this week that the two Korean electronics giants LG and Samsung have overtaken their Japanese rivals in terms of global flat-panel TV sales for the third quarter of 2011.
There is always fierce competition between the leading brands in consumer electronics and so the results from market research company DisplaySearch putting Samsung and LG ahead of rivals to take the number one and number two spots respectively serves as a blow to the likes of Panasonic and Sony.
When it comes to television making there is always going to be newer and better models being released all the time. It looks like LG and Samsung may have stolen a march for the time being, but in the lead up to Christmas it can all change.
During the period in question, Samsung are said to have a 19 per cent share of flat screen TV units sold, with LG taking 12 per cent of the overall market.
According to senior analyst at HMC Securities, Noh Geun-chang, the current results can be put down to a number of contributing factors. He said:
“Because the Japanese TV set makers, such as Sony and Panasonic, are going through restructuring, the Korean companies will be likely to widen their share in the global market in terms of sales figures.”
When looking to get a TV to mount on the wall using TV brackets this Christmas, you may wish to consider the top selling models from the big brands such as LG and Samsung.