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    Korean makers beat Japanese rivals in global TV market

    Seoul (The Korea Herald/ANN) - A recent research said Wednesday that Korean TV makers sold more units of flat-screen televisions sets compared to its Japanese rivals for the first time globally.

    According to market research firm DisplaySearch, Korea recorded 34 per cent in market share in terms of total TV units sold globally in the final quarter of last year, while Japan's market share reached 31 per cent.

    The Korean TV makers - Samsung and LG Electronics - have been beating its Japanese rivals in global quarterly sales volume of flat-screen TVs for four consecutive quarters since 2011, but last quarter was the first to outperform its rival in total units sold across the world.

    Chinese TV manufacturers also took away 20 per cent of the market share in total flat-screen TV units sold globally, followed by Europe, the United States and Taiwan with 4 percent, 3 per cent and 1 per cent, respectively.

    In terms of yearly sales, Japan took up a larger stake of 35 per cent than Korea's 33 per cent in total units of flat-screen TV sold globally.

    However, the Korean TV makers took away 45 per cent in the number of flat-screen 3-D TVs sold in 2011, while Japan's and China's market share in the same category both stayed at a mere 25 per cent.

    "With the smart 3-D TVs at a growing streak, the Korean TV makers, which have gained competitiveness in the field, are expected to show better performance in sales," said an industry source. "Considering that the Japanese TV makers have been behind in catching up with the new trend and products and due to their restructuring projects, the Korean firms are aiming to widen the gap with its rivals."

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