After three quarters of declining market share and the loss of its leadership in the Plasma Display Panel (PDP) industry, LG Electronics reclaimed the number-one position in the Q1 2006, according to iSuppli Corp. LG’s share of worldwide PDP unit production rose to 31.1% in the first Q, up from 27.5% in the fourth Q of 2005. This put it about 1% ahead of Matsushita, which controlled 25.9% of factory units during Q1 2006. LG last held the top spot in Q1 2005.
Plasma TV manufacturer rankings and market shares |
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Rank | Company | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | Q4 2005 | Q1 2006 |
1 | LG Electronics | 18.41% | 21.47% | 23.79% | 23.09% | 29.29% | 25.74% | 25.72% | 27.50% | 31.05% |
2 | Matsushita | 17.74% | 21.43% | 19.14% | 19.03% | 19.52% | 24.65% | 25.66% | 27.96% | 25.94% |
3 | Samsung SDI | 22.12% | 21.72% | 24.25% | 26.39% | 29.17% | 27.89% | 27.51% | 27.71% | 23.49% |
4 | Pioneer | 16.16% | 10.86% | 12.80% | 13.07% | 11.57% | 11.80% | 10.93% | 9.36% | 11.20% |
5 | Hitachi Ltd. | 23.28% | 21.95% | 17.72% | 15.99% | 8.70% | 8.66% | 9.14% | 6.81% | 8.31% |
6 | CPT | 1.05% | 1.20% | 1.06% | 1.28% | 1.24% | 1.05% | 0.87% | 0.65% | 0.00% |
7 | Formosa | 1.24% | 1.37% | 1.24% | 1.16% | 0.50% | 0.21% | 0.17% | 0.00% | 0.00% |
Source: iSuppli |