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AOC records strong growth during third Quarter 2011

12-14-2011 05:52 AM CET | IT, New Media & Software

Press release from: AOC International (Europe) B.V.

/ PR Agency: united communications GmbH
Dorsten, 13 December 2011 – AOC International (Europe B.V.) has registered a 30 % growth in comparison to the second quarter, thereby succesfully maintaining its position amongst the top ten manufacturers in the monitor sector. Sales in the display market have been shrinking overall in the year-on-year comparison. Compared to the previous quarter, however, AOC belonged to the six fastest growing brands in Q3.

The display market in Europe has declined by just under 8 percent in the past twelve months, and was characterised by highly unstable prices and margins.

With approx. 275.000 TFT units sold in the third quarter of 2011, AOC was able to increase its sales by nearly one third (30,9 %) compared to the period from April through June. According to the balance sheet on 30 September, AOC ranked tenth in the overall year 2011.

In Eastern Europe there’s still a considerable demand for 19” models. Therefore, every third monitor sold by AOC belonged to this size category. But 22” as well as 23″/24″ models were clearly able to gain in significance. AOC was able to record a staggering 700 % growth in the 27” display range, which due to their increasingly competitive prices continuously find more and more buyers.

In Italy, AOC reached an exceptionally good result with a plus of 350 %, compared to last year’s third quarter. In Poland and France, too, there has been considerable growth with +33 % and+70 % respectively.*

For the year’s last quarter, which is traditionally the strongest, AOC expects further growth. First in-house figures suggest that this expectation may well be met.

*Figures provided by display market researcher MEKO.

About AOC:
AOC is one of the global top brands in the display market. High quality, first-rate service, an attractive design as well as environmentally friendly and innovative products at competitive prices are the reasons why more and more consumers and distribution partners trust in AOC. The exceptionally broad product range of computer displays, monitor TVs and LCD TVs has won numerous awards, amongst others the renowned red dot design award. AOC is a subsidiary of TPV Technology Limited, the world’s largest LCD manufacturer.

For further information:

united communications GmbH
Rotherstr. 19
10245 Berlin
Peter Link, Elena Strzelczyk
Phone: +49 30 78 90 76 - 0
E-Mail: aoc@united.de

or

AOC International (Europe) B.V.
Plaggenbahn 42
46282 Dorsten
Melanie Baltes
Phone: +49 2362 60 58 23 - 0
E-Mail: melanie.baltes@aoc.com

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