South Korean tech giant Samsung Electronics Co. posted a record share of the global market for ultra HD display panels in the first quarter, grabbing the top spot for the first time, a market tracker said Sunday.
In the first three months of the year, Samsung supplied 28.8 percent of all UHD panels sold globally, up 8.9 percentage points from 19.9 percent in the fourth quarter of 2014, according to Display Search.
Samsung was closely followed by its local competitor, LG Display Co., whose global market share came to 25.7 percent, down from 27.9 percent in the fourth quarter.
The global market share of Innolux Corp., once the world's largest supplier of UHD panels, supplying 45.9 percent of the total in the first quarter of 2014, came to 23.5 percent in the three months ended March 31.
Samsung's advance was partly attributed to its leadership in large, curved UHD panels.
The company supplied 38.7 percent of all 55-inch UHD panels sold in the world. In the first quarter, Samsung produced 1.66 million UHD panels, ranging from 40 to 85 inches in size, up 24.7 percent from the fourth quarter and nearly 350 percent from 369,000 panels produced in the first quarter of 2014.
Meanwhile, the industry researcher said the world's overall output of UHD display panels came to some 5.75 million in the January-March period, down 14 percent from the previous quarter. (Yonhap)
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