Samsung, LG to Boost Dominance in LCD Market
By wchung | 21 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
- Samurai Blue Sweep Aside Tunisia, Japan Fans Sweep Monterrey Stadium
- Lebanon Fighting Threatens Switzerland Negotiations
- Danone-Chobani Yoghurt Protein War Underscores GLP-1 Impact
- Italy's Meloni Tells Trump to Focus on His Own Popularity as Row Continues
- Trump Unveils Gifted Qatari 747 As Addition to Air Force One Fleet
- A Warm World Cup Welcome Endears the US to Fans
- China's May Refined Oil Exports Rose from April, Australia Received Agreed Volume
- New Bangladesh Premier to Seek Investments, Jobs in China, Malaysia
- Charles Schwab Working with Cboe to Enter Prediction Market
- Mexico's Love Affair with All Things Korean — Until Thursday's Kickoff
