Japanese TV Makers Gain Market Share as Weaker Yen Boosts Sales
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Japanese electronics makers grabbed a bigger share of flat-panel television sales in the second quarter as a weaker yen made their sets more competitive against those made by companies based in South Korea and China.
Sony Corp. raised its portion of worldwide revenue in the period to 8 percent from 5.2 percent in the first quarter, researcher DisplaySearch said on its website yesterday. Panasonic Corp. accounted for 5.3 percent of the industry’s sales in the period, up from 4.6 percent.