Samsung and LG dominate LCD TV shipments for 2014

From CNET: 2014 was a prolific year for Samsung and LG, as the Korean LCD TV makers racked up 22.8 percent and 14.9 percent of the world market share of shipments respectively, according to a report from research firm Witsview.

Both companies increased the number of units from the previous year, with Samsung boosting shipments by 14.5 percent, while LG did slightly better at 14.7 percent.

LCD TV shipments as a whole grew by 5.4 percent in 2014, with a total of 215 million units moved, thanks in large part to North America's economic recovery and demand for newer sets to replace older TVs and plasma displays.

Sony placed third with 14.6 million units shipped (6.8 percent), up from fourth in 2013, while the rest of the top 10 is largely occupied by Chinese manufacturers such as TCL, Hisense, Skyworth and Konka. The only non-Asian company featured in the rankings was Irvine, Calif.-based Vizio, with 3.5 percent market share, enough to take eighth place. Japan's Sharp languishes in 10th with 3.4 percent.

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