LG.PHILIPS LCD RETAINS #2 SPOT IN TFT-LCD MONITOR MARKET.LG.Philips LCD LG.Philips LCD (hangul:엘지필립스엘씨디, LG필립스LCD) was formed as a joint venture by the Korean electronics company LG Electronics and the Dutch company Koninklijke Philips Electronics in 1999 to manufacture active Co., Ltd., one of the world's largest providers of liquid crystal display liquid crystal display (LCD)
Optoelectronic device used in displays for watches, calculators, notebook computers, and other electronic devices. Current passed through specific portions of the liquid crystal solution causes the crystals to align, blocking the passage of light. (LCD (Liquid Crystal Display) A display technology that uses rod-shaped molecules (liquid crystals) that flow like liquid and bend light. Unenergized, the crystals direct light through two polarizing filters, allowing a natural background color to show. ) technology, retained its top leadership position within the TFT (Thin Film Transistor) The term typically refers to active matrix screens on laptop computers. Active matrix LCD provides a sharper screen display and broader viewing angle than does passive matrix. See LCD and thin film.
TFT - Thin Film transistor (thin film transistor)-LCD monitor market for the sixth straight quarter and second consecutive year. Along with this distinction, LG.Philips LCD now ranks number two among TFT-LCD TFT-LCD Thin Film Transistor - Liquid Crystal Display manufacturers in customer satisfaction, according to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. a new customer satisfaction survey conducted by market research firm DisplaySearch (Austin, Texas).
The latest Large-Area TFT-LCD Shipment Report Q1 '01 released by DisplaySearch indicates that LG.Philips LCD led the LCD monitor A flat panel display that uses liquid crystals. Although laptops have used LCDs as their flat panel technology almost exclusively, LCD is also the most popular for flat panel desktop monitors. Toward the end of 2003, sales of LCD displays for desktops overtook CRTs for the first time. market for the sixth consecutive quarter and second consecutive year, with shipments of its modules ranging from 13.3-inch to 20.1-inch commanding a 17.4 percent share of the overall monitor market for 2000, up from 15 percent in 1999. DisplaySearch also reports that LG.Philips LCD maintained its number two position in the notebook PC arena for the year, with an overall market share of 13.6 percent. For the year, LG.Philips LCD witnessed 21 percent growth across all its markets, enabling it to secure its position as the world's second-largest TFT-LCD manufacturer in 2000 with 4.3 million units sold, equating e·quate
v. e·quat·ed, e·quat·ing, e·quates
1. To make equal or equivalent.
2. To reduce to a standard or an average; equalize.
3. to a 14 percent total market share.
Additionally, LG.Philips LCD ranked as the number two TFT-LCD supplier for customer satisfaction, according to DisplaySearch's Customer Satisfaction Survey. The purpose of the survey was to recognize top-performing companies, to establish a benchmarking process by which LCD customers and suppliers could more effectively assess their relationships, and allow system manufacturers to better understand how the industry perceives its supply base. Specifically, one segment of DisplaySearch's three-pronged survey examined notebook computer A laptop computer that weighs in a range from five to seven pounds. The term originated when laptops were routinely more than 10 pounds, and those that became lighter were placed in a special "notebook" category. In practice, notebook computer and laptop computer are synonymous. and flat-panel monitor producers' ratings of TFT-LCD suppliers' performance.
In conducting the survey, DisplaySearch received input from 22 notebook and desktop monitor companies, which rated the performance of 18 TFT-LCD suppliers, including LG.Philips LCD, based on the following categories: quality, technology, logistics, commercial terms, and service and support. While findings showed that LG.Philips LCD surpassed 16 other TFT-LCD manufacturers to place second in overall customer satisfaction, a more in-depth analysis of the individual ranking categories revealed that LG.Philips LCD was number one in service and support.
According to DisplaySearch's vice president Mark Fihn, "The DisplaySearch Customer Satisfaction Survey provides a valuable benchmarking tool by which TFT-LCD suppliers can see how their respective customers perceive them. Furthermore, it allows today's notebook and desktop monitor producers to easily identify best-of-breed suppliers. LG.Philips LCD's ability to debut at number two on the list is testament to its success in delivering customer satisfaction on a number of critical fronts-especially when it comes to service and support, where they faired the highest over these 17 other participating companies."
Commenting on the company's achievements, Bruce Bruce, Scottish royal family descended from an 11th-century Norman duke, Robert de Brus. He aided William I in his conquest of England (1066) and was given lands in England. Berkoff, executive vice president of marketing, for LG.Philips LCD, noted, "Close relationships with our customers are vital to our success, and the results of the DisplaySearch survey bear this out. It's our continuous commitment that has enabled us once again to attain the leadership position within the monitor module market, the number one position in service and support, as well as the number two position within the industry overall. This year, we will continue to deliver high-quality, extremely reliable TFT-LCD products that offer superior performance, as well as provide the unparalleled customer service and support that sets us apart from other suppliers."
About LG.Philips LCD
Headquartered in Seoul, South Korea, LG.Philips LCD -- a joint venture company established in July 1999 by LG Electronics and Royal Philips Electronics -- is one of the world's leading manufacturers of AMLCDs. LG.Philips LCD leads the AMLCD (Active Matrix LCD) See active matrix. industry through its high technology, quality and manufacturing capabilities. The company has extended its focus beyond traditional and successful notebook and PC monitor markets and is poised to also deliver solutions for consumer electronics products like the growing LCD TV A flat panel TV that uses LCD technology or a rear-projection TV that is based on LCD microdisplay panels. See flat panel TV, rear-projection TV and LCD. category, as well as other value-added, non-traditional, display-centric markets such as the multimedia, medical, automotive and aerospace industries. As part of its efforts to be at the forefront of display innovation, LG.Philips LCD is focused on maintaining a diverse product portfolio while continuing to invest aggressively in R&D to further entrench en·trench also in·trench
v. en·trenched, en·trench·ing, en·trench·es
1. To provide with a trench, especially for the purpose of fortifying or defending.
2. its market leadership position in the AMLCD arena.
LG.Philips LCD Co., Ltd. can be found on the World Wide Web at http://www.lgphilips-lcd.com.
For more information, call 011-82-2-3777-0707 or 650/968-8900.