Samsung Electronics Co. sold more than $1.7 billion worth of liquid crystal display (LCD) panels in February, maintaining its global lead in flat-panel sales for 34 months in a row, a market report showed Thursday (Mar. 27).

According to the report by DisplaySearch, Samsung Electronics?LCD sales amounted to $1.71 billion last month, accounting for one-fourth of all LCDs sold in the world.

Korea? LG Display Co. ranked second, with sales worth $1.43 billion, followed by Taiwan? AU Optronics Corp. with $1.38 billion.

Samsung outperformed its rivals both in small- and large-sized LCD panel sales. The company sold $1.58 billion worth of 10-inch-and-over LCD panels last month, higher than LG Display? sales of $1.34 billion, the report said.

Industry watchers attribute Samsung? lead to an increase in production of 52-inch panels at the company? eighth-generation line in Tangjeong, south of Seoul, as well as increased demand of full high-definition panels.



SOURCE : Korea.net