Thursday, January 19, 2006

European L.C.D. Tv Market: Vestel Has 18 Percent Share

Vestel R & D Department Director Ihsan Alkim has indicated that Vestel actually has 18 percent share in European 'LCD screen TV' market.

Alkim told the A.A correspondent on Monday that Vestel (a leading Turkish company in consumer electronics) aimed to become one of the leading TV trademarks in the world. He noted that research-development budget of the Vestel Group is now 100 million USD, up from 80 million USD.

"Philips has a share of 20 percent while Vestel has a share of 18 percent in European LCD TV market. We aim to be one of the leading companies in high-tech TV sector in the world," Alkim underlined.

Click Here for Full Release