AOC and Philips monitors on the growth track
While the overall monitor market is still facing some challenges, the trend towards larger screen sizes remains unbroken. According to the latest figures from the analyst Context, displays with 23″ and above grew by more than 12 percent in the third quarter 2015 compared to the same quarter last year. Collectively, AOC and Philips monitors outperformed the market in the segment with a growth rate of more than 16 percent on an annual basis.
In the overall monitor market, the two brands also developed successfully. In the third quarter, AOC and Philips reached a market share of nearly 15 percent, which means an increase of more than 26 percent in market share.
“With our two brands, AOC and Philips, we continuously focus on innovation and our customer’s needs. We are a display specialist, set trends and are always at the forefront when new categories and solutions give a push to the market. With our 40″ 4K display for example we demonstrated or innovative DNA and also other large screen size monitors, displays with QHD and 4K resolution, ergonomic and user friendly solutions are some examples for our innovation-driven approach. The result is a market share which makes us proud and also underlines that we have chosen the right strategy”, says Thomas Schade, Vice President Europe for AOC and MMD.
Particularly Eastern Europe is a strong driver of the successful development of the two brands. While some markets are still challenging, both brands increased their market share significantly from nearly 18 percent to actually close to 27 percent. Philips increased by more than 50 percent and reached a market share of nearly 16 percent, which places it in the number one position within the market. AOC has increased by more than 40 percent in the last quarter. As a result, the brand now occupies position number three in the Eastern European monitor market.
In the United Kingdom and Ireland, the two monitor specialists also continued their successful development. AOC and Philips monitors increased their market share by nearly 5 percent in the third quarter 2015 compared to the previous quarter, cumulating in a market share of nearly 10 percent for both together. AOC was a main driver of this success, as it gained two positions in the market and increased from 5.7 to 6.4 percent in market share.
MMD is a wholly owned company of TPV established in 2009 through a brand license agreement with Philips. MMD exclusively markets and sells Philips branded LCD displays worldwide. By combining the Philips brand promise with TPV’s manufacturing expertise in displays, MMD uses a fast and focused approach to bringing innovative products to market. MMD serves the Western European, Middle East and African markets from its headquarters in Amsterdam. The Eastern European and CIS markets are served by a local office in Prague. Through its network of local sales teams MMD works with all major IT distributors and resellers. The company’s design and development centre is located in Taiwan.
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 has won numerous awards. AOC is a subsidiary of TPV Technology Limited, the world’s largest LCD manufacturer. AOC serves the Western European, Middle East and African markets from its headquarters in Amsterdam. The Eastern European and CIS markets are served by a local office in Prague. Through its network of local sales teams AOC works with all major IT distributors and resellers.
AOC International (Europe) B.V.
Prins Bernhardplein 200, 6th floor
1097 JB Amsterdam
Phone: +31 20 5046952
MMD Monitors & Displays B.V.
Prins Bernhardplein 200, 6th floor
1097 JB Amsterdam
Phone: +31 20 5046945
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release AOC and Philips monitors on the growth track here
News-ID: 321727 • Views: 8867
More Releases from AOC International (Europe) GmbH
AOC has appointed Maverick as a new distributor in the UK
Dorsten, 24 August 2011 – Display specialist AOC teams up with Maverick, the specialist audiovisual division of Computer 2000 in the UK and Ireland. The new cooperation agreement will start on 1 September 2011. Maverick the specialist AV Division of Computer 2000 will serve as a competent partner with more than 10,000 customers and 25 years experience in distribution of IT products in the United Kingdom. Sid Stanley, Head of Maverick UK,
AOC presents a 2in1 display with just one USB port for power and signal: the new …
Dorsten, 28 June 2011 – Display specialist AOC presents both a display and a portable large format photo frame or presentation monitor in just one product. What is more: this product receives both its power and signal via a single USB cable for hassle-free handling. The new e2251Fwu is equally suitable for business as well as action-packed entertainment. This ultra slim widescreen model with a response time of 5 milliseconds,
Large-screen action in the third dimension: the new 3D widescreen monitor from A …
Berlin, 8 June 2011 – With its new 3D monitor e2352Phz, display specialist AOC brings action up close and personal. Thanks to its lifelike 3D rendering, the 58.5 cm/23″ model with the latest LED backlight technology makes users feel like they are right in the middle of the experience. Run in 2D mode, the timelessly designed widescreen display is just as well equipped for the office or home office. Due
AOC presents a new display series with LED backlights
Berlin, 28 April 2011 – Display specialist AOC sets a new course for both office and home with the 50ID, a versatile flatscreen series ranging from 47cm/18.5″ to 59.8 cm/23.6″. The slim widescreen models come in a timeless black design. Thanks to numerous features the displays equipped with innovative LED backlights impress with very good image quality. Powerful all-rounders Monitors from the new 50ID series by AOC are characterised by the latest
More Releases for MMD
Visually stunning and feature-rich MMD launches the Philips 346P1CRH monitor
Amsterdam, 10 March 2020 - MMD, the leading display specialist and brand license partner for Philips monitors, announces the launch of the 34" (86.36 cm) Philips 346P1CRH LCD monitor. Featuring a curved UWQHD display with DisplayHDR 400, this monitor delivers an outstanding visual performance in addition to offering a host of convenient connectivity features such as a built-in USB-C docking station and KVM switch, and a wide array of technologies
Press Invitation to gamescom: AOC and MMD present new gaming monitors at gamesco …
Amsterdam, 31 July 2019 – Display specialists AOC and MMD, brand license partner for Philips monitors, will take this year’s gamescom as an opportunity to present their wide range of gaming monitors. AOC will underline its leading role in the gaming monitor market with some innovations showcased at the booth and during press meetings. This will include AOC’s brand new mainstream gaming models as well as high-end, premium displays from
MMD launches the world’s greenest monitor Philips 241B7QGJEB
Amsterdam, 15 January 2019 – MMD, the leading display specialist and brand license partner for Philips monitors, announces the imminent release of the Philips 241B7QGJEB Full HD monitor. This 24" (23.8”) LCD monitor is the new benchmark for green monitors, offering ecologically-minded professionals a powerful tool for boosting performance at work while respecting the environment. In addition to its industry-first energy efficiency, fully recyclable packaging, and compliance with multiple international
Performance meets design: MMD launches Philips 276E8VJSB monitor
- 4K Ultra HD technology for sharp, clear images - 10-bit display for bright, beautiful colours - Slim, contemporary design for easy elegance Amsterdam, 19 October 2018 – MMD, the leading display specialist and brand license partner for Philips monitors, announces the launch of the very first 4K monitor in their E Line portfolio. The competitively priced Philips 276E8VJSB LCD monitor is a 27" (68.6 cm) Ultra HD monitor equipped with the latest technology for ultra-clear
MMD presents professional display innovations from Philips monitors at ISE 2018
Latest display line-up features impressive colours and brilliance, heightened simplicity, greater comfort, and improved productivity for professionals Amsterdam, 31 January 2018 – MMD, the leading technology company and brand license partner for Philips monitors, will demonstrate its commitment to brilliant colour, superior resolution, and cutting-edge technology at ISE 2018, offering visitors the chance to discover the latest display innovations developed to make their lives easier and more productive. ISE (Integrated Systems
AOC and MMD Philips Monitors combine sales activities
• One of the largest sales organisations for monitors in the United Kingdom and Ireland is created - synergy effects and specialised contacts optimise communication for customers: Only one single point of contact with more time for customer-specific requirements. • Wide product portfolio of the two monitor specialists AOC and Philips offers the perfect solution for every requirement. • Paul Butler is the Regional Sales Director of the new organisation Amsterdam, 21 December 2016 – The