Samsung Q3 LED TV sales rose to 55%

[High-tech LED News] Samsung Electronics announced that in the third quarter of 2011 (July-September), the combined revenue of digital media and application departments decreased by 0.4% to 14.36 trillion won; the combined operating profit increased by 3.4% to 0.24 trillion won; The operating rate was 1.6%, down from 1.8% in the same period last year.

Samsung also pointed out that the Q3 LED backlight model accounted for the company's overall TV sales share increased from 50% in the previous quarter to about 55%. Global demand for thin TVs increased by 15% quarter-on-quarter and 11-14% year-on-year, driven by a 25% increase in demand in emerging markets. Demand in emerging markets such as Asia and Latin America has soared, driving demand for LCD TVs to grow by 15%.

Looking forward to Q4, Samsung said that global thin TV shipments will increase by 30% to 71 million units in the quarter. It is expected that the demand for thin TVs in emerging markets in the world is expected to increase by 30% in the quarter. The demand for thin TVs in developed markets is also expected to increase by 30%. (The growth rate in the previous quarter was zero).

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