Samsung Reclaimed Number 1 Spot in Display Panel Market

kpride, June 18, 2015, 9:17 a.m.


Samsung Display reclaimed the world No. 1 spot in the small- and medium-sized display panel market in the first quarter of this year, market researcher DisplaySearch said on Wednesday. 



It accounted for 23.5 percent of the market and posted US$2.4 billion in sales. Japan Display placed second with 16.8 percent, followed by LG Display with 12.9 percent. Small- and medium-sized panels are mostly used in smartphones and tablets. 



Samsung Display maintained the top spot for 20 consecutive quarters from the fourth quarter of 2009 to the third quarter of last year. But it dropped to third behind Japan Display and LG Display in the fourth quarter of 2014 due to sluggish demand for the Galaxy S5 smartphone.

 

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