Global LCD TV market down 8% in Q1 2007

Global LCD-TV shipments declined to 13.99 mln units in Q1 2007, down 8% from 15.2 mln in Q4 2006. Such a Q1 decline is typical following the peak holiday selling season in the Q4. All the Top 5 LCD-TV brands suffered sequential declines in shipments during the first three months of the year. However, Philips of the Netherlands fared the worst among these companies, with its shipments dropping to 1.7 mln units, down from 2.3 mln in Q4 2006.

LCD TV shipments in Q1 2007
  Q1 2007 Q4 2006
Company Shipments Growth, QTQ Market Share Shipments Market Share
Samsung 2,354,978 -07.3% 16.83% 2,540,777 16.70%
Sony 1,765,063 -13.7% 12.61% 2,044,435 13.44%
Philips 1,700,449 -26.0% 12.15% 2,297,944 15.11%
Sharp 1,581,963 -08.8% 11.31% 1,735,354 11.41%
LG 1,093,636 -08.3% 07.82% 1,192,181 07.84%
Others 5,496,851 01.8% 39.28% 5,400,668 35.50%
Total 13,992,939 -08.0% 100.00% 15,211,359 100.00%
Source: iSuppli