The setting up of the
FPTV and AC facility will provide a strong fillip to this business on account of world-class, superior quality production at this facility and better supply chain management leading to faster response to the market.
"Although intensive competition between major brands could lead to an ongoing decline in overall average selling prices, the agency expects LGE's enhanced brand recognition as the second largest global player in the
FPTV market, ahead of Sony ('BBB'/Negative), will result in stable cash flow growth momentum in this business line", Fitch elaborated.
Following strong demand for LCD TV and FPTV products, the company also achieved number one position in total market share for LCD TV with 19.7 per cent units and 22.7 per cent revenue, additionally FPTV with 20.3 per cent units and 23.1 per cent revenue.
In the Middle East and Africa, Samsung enjoys a stronger position and continues this leadership trend by maintaining Triple Crown in the 4Q sales revenue for TV, FPTV and LCD TV with 32 per cent, 38.8 per cent and 40 per cent market share respectively.
Lahore -- Samsung Electronics Company Ltd., is a global leader in
FPTV, smartphone and innovator in home appliances, air conditioner and digital media, etc.