According to a 2005 annual report by DisplaySearch released on January 31, Samsung Electronics recorded $11.19 billion in LCD sales last year to preserve its position at the top of the industry. LG Philips LCD also had a banner year, beating Samsung Electronics for the lead in LCD screens measuring 10 inches or larger by raking in $9.578 billion in sales.

Samsung Electronics has maintained the lead in overall LCD sales over the last four years, since taking the title in 2002 with a total sales revenue of $3.309 billion. However, the latest statistics show that the competition between Samsung Electronics and LG Philips LCD for dominance in the international market is becoming increasingly fierce.

 

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