Acer grabs top spot in LCD market

Bangalore: Computer-maker Acer on Friday said that it has grabbed the top spot in the market for LCD monitors in India, overtaking South Korean rivals Samsung and LG.

The Taiwanese company sold 220,554 LCD monitors in India during the July-September third quarter, giving it a market-share of 15.8%, Acer India chief marketing officer S Rajendran said citing data from market research firm IDC. Acer is the world���s third largest PC maker behind Dell and HP. The company���s ���go big go wide��� strategy with wide-screen LCD monitors has worked well, Mr Rajendran said.

Sales of LCD monitors in India grew by 30% to 1.39 million units during the third quarter of 2008. Mr Rajendran said there has been strong demand for the product from corporates, SMEs and the home segment because LCD monitors score over the conventional CRT variety on power consumption and space occupied.