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LG.Philips takes the lead in LCD market

May 3, 2007

Dealerscope: LG.Philips, a joint venture of LG Electronics and Koninklijke Philips Electronics, has taken the lead in the battle of the large-screen LCDs. According to preliminary data released this week by the research firm iSuppli, LG shipped about 16.6 million of the products in the first quarter of 2007 (for 21.4 percent of the market), besting previous leader AU Optronics, which moved 15.9 million (20.6 percent) and Samsung with 14.8 million (19.1 percent).