TvSales
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Over 1 million Samsung HDTVs sold in the US last month
If it wasn't busy enough selling millions upon millions of smartphones, Samsung's TV department has proven it's no slouch either, with a record 1.15 million sets sold last month in the US alone. After noting "potential demand for super large TV," Samsung's focusing its attentions on the 75-inch ES9000 to help it sell the next million. Trumping its first million-selling month one year ago, it's pretty good going at a time when plenty of viewers are now happily settled with their HDTV setup.
Samsung's Q2 profit drops 26 percent due to sluggish TV sales, demand for phones explodes
You may or may not have noticed, but we're once again in the thick of earnings season, and today Samsung's in the hot seat. The company has reported that its second-quarter profit fell 26 percent year-over-year to 3.7 trillion won ($3.5 billion), largely thanks to underwhelming sales of flat screen TVs and, to a lesser extent, semiconductors. That's a shade worse than the whiz kids over on Wall Street were expecting, according to Bloomberg. In fact, the demand for televisions was so disappointing that it overshadowed what was actually an impressive quarter for the outfit's mobile division -- sales of feature and smartphones quadrupled year-over-year to 19.2 million units, putting the company on track to further narrow the gap with Nokia, the world's bestselling handset maker. All told, this balanced out to a modest growth in revenue -- an uptick of 2.9 percent to 39 trillion won ($36.7 billion).
Flat-panel TV sales jump 23% over last year, Vizio leads the way
We'd already heard that Vizio has vaulted back into first place among LCD TV manufacturers, but a new series of numbers compiled by the folks at DisplaySearch is now shedding a bit more light onto how much the flat-panel TV market as a whole has surged over the past year. Apparently, about 7.2 million flat-panel sets were moved during the first quarter of 2009 alone, which represents a sizable 23% increase over the numbers from the first quarter of 2008. DisplaySearch also expectedly reconfirms Vizio's number one status, although its figures are a tad more conservative and peg Vizio's market share at a still impressive 18.9% (as opposed to the 21.6% found by iSupply), which is well above the 8.5% earned by the likes of rival Funai (producer of TVs for Sylvania, Emerson and other low-cost brands). As you might expect, higher-end brands like Sony and Samsung weren't as able to buck the economic downturn quite so easily, and they actually saw their sales decrease compared to the same period last year.
