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Samsung Ranked Leader in TFT-LCD Market
May 7, 2004
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Samsung LCD Business, a division of Samsung Electronics Co., Ltd., announced that it achieved the highest TFT-LCD sales revenue during 2003, according to market research firm DisplaySearch. The firm also said Samsung now holds the number one spot for TFT-LCDs in the first quarter of 2004, with industry record-setting sales of U.S. $2.4 billion.

The April 19, 2004 issue of the DisplaySearch Monitor Flash Report reported that Samsung shipped 7.5 million pieces of large size TFT-LCD panels and 8.8 million pieces of small size TFT-LCD panels to achieve its first-quarter sales figure.

"In Q1 2004, Samsung was the top TFT-LCD supplier for notebook panels, monitor panels, total large size volume, total large size revenue, and total overall revenue," said DisplaySearch President Ross Young. "DisplaySearch expects Samsung to retain this leadership position throughout 2004."

Samsung reported that its first-quarter 2004 sales exceeded the number two TFT-LCD supplier by more than $500 million. The company attributed the record sales to its high product quality, advanced technology, global customer support infrastructure, and the successful ramp-up of the company's second Gen-5 production line.

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