Samsung, LG, looking to sell 10-15 million 3D TVs in 2011

February 21, 2011

The world’s two largest manufacturers of flat screen TVs, both based in South Korea, project a huge increase in 3DTV sales this year, 15 million between the two of them.
Those sales alone would be a big increase over total 3DTV sales to date among all manufacturers.
Yoon Boo-geun, president of the visual display business of top-ranked Samsung Electronics Co., based in Suwon, South Korea, said today (Thursday, Feb. 17) that the company expects to rack up 3-D sales of between 9-10 million 3DTVs this year, five times the 2 million sold by the company last year, according to the Associated Press.
LG Electronics Inc., headquartered in Seoul, has projected sales of 5 mil. 3D TVs this year.
Samsung shares rose 1 percent to close Thursday at 954,000 won ($854). LG’s stock price, meanwhile, declined 3.3 percent to 118,500 won.

Source: [Hollywood in hi-Def]