Samsung still king of global market for monitors

Samsung Electronics maintained its status as world’s top supplier of monitors in 2011 for the fifth straight year due largely to strong demand for its high-end products, a report showed yesterday.

Shares of monitors supplied by the company accounted for 15.1 percent of the global market last year, according to a report by market research firm International Data Corporation (IDC).

In the fourth quarter, Samsung claimed 15.5 percent of global sales to remain in the top spot for the 22nd consecutive quarter, it added.

The world’s largest maker of flat-screen TVs outperformed its rivals by a large margin last year by supplying high-end monitors such as light-emitting diode screens and large-size monitors.

Samsung supplied 12 million LED models last year to clinch a 23.3 percent market share of the global market, it added.

Samsung Electronics has decided to spin off its liquid-crystal display business in a bid to beef up its competitiveness in the fast-changing display sector.

A new entity is widely expected to merge with Samsung Electronics’ organic light-emitting diode (OLED) display-making unit Samsung Mobile Display, a move seen as focusing on displays for mobile devices.

Yonhap