Everybody wants to be a market leader in their product category -- yes, saying you are #1 is important!
Now, after nearly a year of declining market share and the loss of its leadership in the plasma display panel (PDP) industry, South Korea’s LG Electronics has reclaimed the top position in the first quarter of 2006. (This is according to iSuppli Corp.)
LG’s share of worldwide PDP unit production rose to 31.1% in the first quarter of this from 27.5% in the fourth quarter of 2005; LG is now 1 point ahead of Matsushita, which we know much better as Panasonic.
(Anybody remember when we manufactured high-tech stuff like this is the U.S.?)
(In fact, anybody remember the last TV company with a U.S. manufacturing presence?)
Well, take a look at the top five companies in this category:
- LG
- Matsushita
- Samsung
- Pioneer
- Hitachi
The full report is in Electronic Business at www.reed-electronics.com.