A new report reveals that Korean television manufacturers have supplanted other manufacturers, taking the number one and two spots in unit-shipment rankings for the second quarter this year.
Chinaâ€™s TTE Corp., the market leader in the first quarter of 2006, fell to third place in the unit-shipment rankings in the second quarter, as Korean manufacturers LG Electronics Corp. and Samsung Electronics Co. Ltd., took the first and second place positions, market research firm iSuppy said.
â€œThe shift at the top of the leader board reflects the radical changes throughout the television industry,â€ said Riddhi Patel, principal analyst for television systems with iSuppli. The firm states that as the television market matures, more and more consumers are switching towards digital-televisions.
According to the research released on Tuesday, TTEâ€™s loss was the result of a slowdown of television shipments in its home market in China, where the second quarter is slower due to the end of the Chinese New Year gift-giving season.