Samsung held on to the top spot among global television brands in the first quarter of 2007, accounting for nearly 12 percent of global television sales, according to a new report from iSuppli Corp. LG followed with 11 percent, TCL Corp with 8 percent, Philips with 7 percent and Sony with 5 percent. "Samsung is maintaining its leadership by leveraging its flat-panel television shipments while continuing to ship large numbers off CRT TVs to developing nations," Riddhi Patel, principal analyst for television systems at iSuppli, said in a statement. The company led LCD-TV shipments again as well, with a 17 percent market share in the first quarter. LCDs are gaining popularity because of lower pricing on flat-panel televisions and a lack of consumer interest in CRT TVs, according to iSuppli. Though Samsung's LCD division saw a revenue increase of 17 percent, the company today announced that second-quarter net profit fell 5 percent from a year ago due to price declines on its computer memory chips.