LG.Philips tops Q1 '07 list of large LCD panel shippers
May 8, 2007
In the first quarter of 2007, LG.Philips LCD staved off the worst effects of the seasonal sales slowdown and surpassed AU Optronics to become the world’s leading supplier of large-sized LCD panels in terms of unit shipments, according to a preliminary estimate from iSuppli. Samsung Electronics led the market in terms of revenue in the first quarter.
In the first quarter, South Korea-based LG.Philips shipped 16.6 million large-sized LCD panels, up 1 percent from 16.4 million in the fourth quarter of 2006. The company outperformed the overall large-sized LCD panel market, which shrank by 4.5 percent to 77.5 million units, down from 81.2 million units in the fourth quarter. This caused LG.Philips’ share of global shipments to rise to 21.4 percent in the first quarter, up from 20.2 percent in the fourth quarter.
iSuppli defines large-sized LCD panels as those with dimensions of 10in or more diagonally, which are mainly used in LCD TVs, desktop PC monitors and notebook computers.
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