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Press Release
May 2006
ViewSonic moves into Western European top ten of brand name LCD manufacturers
ViewSonic moves into Western European top ten of brand name LCD manufacturers ViewSonic, a worldwide leader in the field of visual technologies, achieved a significant market share increase in Western Europe. During the first quarter of 2006, the company was able to secure 7th place in the LCD display sector with a market share of 3.6%* among brand name manufacturers. By comparison, ViewSonic was in 11th place with a market share of 3% during the first quarter of the previous year. In a significant number of markets ViewSonic increased its market share within the year and in other highly-competitive markets consolidated market share. Key figures are detailed as follows:
Development: Branded LCD displays (1st quarter 06 vs. 1st quarter 05): In Germany, ViewSonic climbed from 17th place (1.6%) to 12th place (2.4%) in the branded LCD segment. In Spain, ViewSonic advanced into 11th place, increasing its market share by 50% from 1.2% to 1.8%. ViewSonic also asserted its position among the top ten in the UK, moving up from 9th (4.5%) to 8th with a market share of 5.3% The ViewSonic team in Sweden managed to double market share – capturing over a fifth of the total market and moving into the top 5, improving from 8.5% (8th place) to 21.3% (4th place).
Development: VDU (1st quarter 06 vs. 1st quarter 05): Parallel to the branded LCD market, ViewSonic also improved in the overall Swedish Visual Display Units market, reaching an impressive 4th place with a market share of 11%. The ViewSonic team in the UK increased market share up to 2.5% from 2.2% in the first quarter of the previous year.
In Greece, ViewSonic recorded extraordinary growth, capturing 9.8% share and 4th place up from 5.8% and 6th place.
The Baltic States also can report very impressive market share increases. With 12.3%, ViewSonic is now placed 2nd in this region (2.6% / 6th place). The jump into the top five was also accomplished in Hungary with a market share rising to 6.1% / 3rd place (2.8% / 7th place). “The current market share figures clearly demonstrate that ViewSonic has achieved or even surpassed its ambitious goals in many markets”, comments Mel Taylor, Vice-President Marketing, ViewSonic Europe. “These figures should convince even the last remaining sceptics that ViewSonic has become a force to be reckoned with in Europe’s top league of manufacturers.”
* Source: Bryan Norris Associates
About ViewSonic: ViewSonic® Corporation, a worldwide leader in visual display products, offers a comprehensive range of display solutions for today’s business, education and consumer electronics markets. The company's products have won more than 2,000 awards globally from respected specialist publications and organisations. Headquartered in Walnut, California, ViewSonic was founded in 1987 and is a privately held corporation.
For further information contact:
UK
Europe
Marie Pinon Press Relations Europe ViewSonic Europe Ltd.
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Forward-looking Statements This press release contains forward-looking statements, including all statements relating to the performance expectations of ViewSonic products, business opportunities or financial performance. These statements are subject to risks and uncertainties that could cause actual results to be materially different than expectations. Such risks and uncertainties include, but are not limited to, ViewSonic’s dependence on third-party manufacturers; its need to maintain and expand its sales channels; market acceptance of ViewSonic's products; general industry trends, including cyclical trends in the PC and visual display industries; and the impact of competitive products and pricing alternatives. Investors are advised to read ViewSonic’s Form 10 filed with the Securities and Exchange Commission, particularly the section entitled “Factors that May Affect ViewSonic’s Business and Financial Results.”
Undue reliance should not be placed on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement, and ViewSonic undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date hereof.
Trademark footnote: All corporate names and trademarks are the property of their respective companies.
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