Samsung Continues Production of LED TVs, Still Leading in Market Share - The UpStream

Samsung Continues Production of LED TVs, Still Leading in Market Share

posted Saturday Sep 12, 2009 by Nicholas DiMeo

Samsung Continues Production of LED TVs, Still Leading in Market Share

This week, Samsung has revealed a full set of LED televisions in Germany. At this IFA event, they announced that they will continue the production of this very slender TV, and I'm sure we could all agree that this news is very exciting. This LED is the best on the market but Samsung hopes to continue sweeping away the competition by being the first to release the AMOLED (Active Matrix Organic Light Emitting Diode.)

The company is doing well even without the AMOLED TV, selling more than 700,000 LED units worldwide since they were first plucked off the production lines. And it was only out for four months! Samsung is anticipating to ship out 2 millions units in 2009, and is expecting to be responsible for 35% of the global LCD market by 2010.

Yoon Boo-Keun, the president of Samsung's visual display division, stated that he wished to aim their products towards consumers wants, and believes they are doing a good job of it.

Although this is an amazing piece of technology, it's going to cost you! LED television sets run for about $1100, and that's in the smallest size, a 32-inch. That's almost double the price of other televisions the same size! But such a great TV may be well worth the price.

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