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TCL Multimedia rises to world No. 5 LCD TV maker

May. 21, 2012 (China Knowledge) - TCL Multimedia Technology Holdings Ltd's<1070>, a Chinese TV and handset manufacturer based in Shenzhen, Guangdong Province, announced today that its global LCD TV market share had increased from 4.9% to 5.6% at the end of the first quarter, with the ranking up to No. 5 from No. 7 in 2011.

The company's LCD TV market share in China was 18.1% as of Q1, ranking first domestically, up from No. 2 in 2011. The firm saw its overseas market share grow to 17.5%, taking its ranking up to No. 2 from No.3 in 2011, according to the latest report released by DisplaySearch.

In the first four months of this year, TCL Multimedia's LCD TV sales total 4.63 million units, up 70.4% from the same period of last year.

In April, the sales of LCD TV sales jumped 78.9% YoY to 1.41 million units, of which 72% or 1.02 million units were LED backlight LCD TVs, reflecting a strong growth of 237.5% YoY.

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