Thursday, January 19, 2006

LG.Philips Top LCD Maker Over Samsung

LG.Philips LCD leapfrogged close rival Samsung Electronics Co. to become the world's leading manufacturer of liquid crystal displays (LCDs) last year, market researcher iSuppli Corp. said Thursday.

LG.Philips clinched 21.4 percent of the global LCD market in terms of shipments, compared with Samsung Electronics 20.9 percent, the U.S.-based researcher said in a statement.

The company specializes in producing flat panels and is a joint venture between South Korea's LG Electronics Inc. and Royal Philips Electronics NV of the Netherlands.

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