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2008/02/19 09:12 KST
Samsung stays world's No. 1 TV maker

   SEOUL, Feb. 19 (Yonhap) -- South Korean electronics giant Samsung Electronics Co. beat its rivals to become the largest TV maker in the world in 2007, a market researcher said Tuesday.

   According to DisplaySearch, Samsung Electronics ranked first in terms of the number of products sold last year by claiming 13.6 percent of the global market.

   South Korean rival LG Electronics Inc. came second with a market share of 11.4 percent, followed by Royal Philips Electronics N.V. with 7.4 percent and Sony Corp. with 6.6 percent.

   In terms of sales, Samsung also ranked first with a market share of 17.8 percent last year, the researcher said. Samsung succeeded in maintaining its lead in both sales and the number of products sold for two consecutive years.

   Samsung is the world's leading manufacturer of TVs, semiconductors and mobile handsets. It aims to sell 42 million TVs including flat panel screen and projection TVs this year.