Samsung Leads the Global Monitor Market for 20 Consecutive Quarters

- The only company that sold more than 5 million units per quarter - One out of every five LED monitors sold in the first half were Samsung’s monitors - Innovates and explores new products and categories such as professional and premium markets
By: Christelle Fares - Cohn & Wolfe
 
Sept. 13, 2011 - PRLog -- Beirut, Lebanon – September, 2011 – Samsung Electronics Co. Ltd., a market leader and award-winning innovator in consumer electronics, led the global monitor market for 20 consecutive quarters despite the global economic downturn, reaffirming its undisputed leadership.

According to the International Data Corporation (IDC), Samsung had 17.2 percent and 14.7 percent of the global monitor market in terms of value and unit, respectively, in the second quarter, maintaining the global market leadership for 20 consecutive quarters from the third quarter of 2006. In the Korean market alone, it has kept the leadership even for 46 consecutive quarters, equivalent to 11 straight years.  

Samsung was the only company that sold more than 5 million units both in the first and second quarters of 2011, once again reaffirming that it is the world’s best monitor brand reputation.

In particular, Samsung performed well in emerging markets such as the Middle East, Africa and Central and South America.

Samsung showed a drastic market share increase in these regions—up by 5.2 percentage points from the first quarter to 24.5 percents in the Middle East and Africa market, and by 4.2 percentage points to 28.9 percent in the Central and South America market.

Samsung’s LED monitor sales grew by 7.9 percent year over year in terms of unit, becoming the only company as a monitor manufacturer that reached above 20 percent of the LED monitor market share. This means that one out of every five LED monitors sold in the first half were Samsung’s monitors.    

Many factors have supported such successes. Samsung has continued to launch premium products such as 3D monitors and professional monitors featuring wide-viewing angles. At the same time, it has always sought after an innovative corporate culture to create products with new concepts such as central station monitors.

“We will continue to bring more innovation to products to cement our market leadership in the display business,” said Sangsuk Roh, President of Samsung Electronics Levant.


About Samsung Electronics Co., Ltd.

Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2010 consolidated sales of US$135.8 billion. Employing approximately 190,500 people in 206 offices across 68 countries, the company consists of nine independently operated business units: Visual Display, Mobile Communications, Telecommunication Systems, Digital Appliances, IT Solutions, Digital Imaging, Memory, System LSI and LCD. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, semiconductor chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com.
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Source:Christelle Fares - Cohn & Wolfe
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Tags:Samsung, 3d, LED Monitors, 3d Monitors
Industry:Public relations
Location:Lebanon
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