Advanced Television

LG tops 2015 Global UHD market

February 12, 2016

By Chris Forrester

South Korea’s LG Display is back in the top position as far as shipments of Ultra-HD displays are concerned.

Research specialist IHS says that the global market for UHD displays during Q4/2015 topped 11.25 million units, down slightly on the 11.52 million achieved during Q2 last year. Shipments fell back because of over-supply during Q4.

LG shipped 3.98 million units in Q4 (35 per cent market share), while arch-rival Samsung shipped 2.8 million units (a 25 per cent share). Samsung had enjoyed the Number 1 position during the first 3 quarters of last year.

LG’s shipped UHD units grew by about 380,000 units during Q4 over Q3.

An official from LG Display, quoted in Business Korea, said: “The biggest factor of the increase in UHD TV panel shipments in the fourth quarter of 2015 is the increase in shipments to China, the largest UHD TV market in the world. Except for Haier and Hisense that generally adopts Samsung products, LG Display is supplying its UHD panels to Chinese TV manufacturers.”

Nick Simon, a researcher with GfK, says that sales of UHD units last year in the UK ended up selling just short of 1 million units. “There was a general indifference towards all TVs until November and December with UHD maybe growing slightly less than we had previously anticipated, although Black Friday sales were even more encouraging than in 2014.”

Categories: Articles, Equipment, Equipment, Research, UHD, Ultra-HD/4K