Philips and AOC maintain second position in Spain as monitor manufacturers

Philips, whose monitors are distributor in Spain by MMD, and AOC strengthen their position in the Spanish market with growth, in market share, of the 50%, occupying the second position.

According to the results provided by the analyst firm Context, the market share of Philips, whose monitors are distributed by MMD, and AOC has grown more than 50%. The two brands together possess more than the 15% of the market share and occupy the second position in the monitor market in Spain.

Part of its success is due to the growth of the 27 inches that have expanded by a 48% during the third trimester of 2013, compared to the same period last year. With triple-digit growth, AOC has surpassed development in the market segment.

"We are very proud and satisfied with our goal of delivering innovation to our consumers and seeing how it translates into positive results in our market share.. The monitor market in Spain remained stable during the last months and shows signs of stabilization in 2014", comments Agustín de los Frailes, country manager of Philips Iberia. MMD and AOC are subsidiaries of monitor manufacturer TPV Technology Limited.

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