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Samsung, LG lead global TV market in 2Q

SEOUL, Aug 22 (Bernama) -- Two South Korean TV makers -- Samsung Electronics Co. and LG Electronics Inc. -- dominated the exultant TV market in the second quarter of the year on the back of rising demand for premium TVs, a report showed Monday.

Citing the communication by United States-based market research firm DisplaySearch, South Korea's Yonhap word agency said Samsung was the global brand leader with a share of 22.6 percent in terms of value of the units sold and a allocation of 18.7 percent by the number of units sold.

LG came in second, accounting for 14.4 percent in sales interest and 13.9 percent in units.

Japanese firms trailed the two Korean electronics giants. Sony Corp. came in third with a proceeds share of 11.7 percent and a unit share of 10.1 percent, followed by Panasonic Corp. and Loud Corp, according to the research firm.

DisplaySearch said that the global market for marsh TVs, which includes liquid crystal display (LCD) and plasma display panel (PDP) sets, saw 5-percent on-year improvement in second quarter sales with 48.7 million units underpinned by brisk sales of new three-dimensional (3D) TVs.

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