Samsung's November TV sales hit record
Samsung Electronics Co, the world's top TV brand, said on Thursday its television sales hit a record 5.7 million units in November, helped by strong U.S. sales during the long Thanksgiving weekend. November sales grew 14 percent from the 5 million units sold in October and Samsung is certain to keep its top global title for all of 2011, the South Korean firm said in a statement. During the Black Friday weekend, Americans spent $7.4 billion more in stores than a year ago. A Samsung spokesman said it was confident of meeting its 2011 flat-screen TV sales target of 45 million units. The solid results come as global TV manufacturers are restructuring their businesses and outsourcing production as cutthroat competition and weak demand squeeze margins.
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