Samsung Now Leads The Global TV Market For The Last 18 Years: All Details – News18

Last Updated: February 19, 2024, 19:07 IST

Last Updated: February 19, 2024, 19:07 IST

United States of America (USA)

18 years is a very long time however Samsung has confirmed its high quality

Samsung launched its TVs throughout segments, together with the premium vary and it appears the corporate has constructed a powerful identify available in the market.

Samsung Electronics stated on Monday that it has retained its place as the highest participant within the world tv marketplace for the 18th consecutive 12 months.

The South Korean tech large took up 30.1 p.c of the world TV market by way of income final 12 months, remaining on the prime since 2006, in line with Samsung Electronics, citing the market analysis agency Omdia.

Its flagship QLED TVs have contributed to the corporate’s sturdy efficiency, with gross sales reaching 8.31 million items final 12 months, stories Yonhap news company.

Since the introduction of QLED expertise in 2017, Samsung Electronics has cumulatively offered 44 million items. In the premium section for TVs valued at $2,500 or greater, Samsung had a share of 60.5 per cent in 2023, up from 48.3 per cent the earlier 12 months.

The firm additionally maintained a powerful presence available in the market for big TVs, posting a market share of 33.9 per cent final 12 months, pushed by strong gross sales of the corporate’s largest Neo QLED, its 98-inch mannequin.

In the OLED TV section, Samsung Electronics accounted for 22.4 p.c of the worldwide market by way of income final 12 months, with gross sales exceeding 2 million items over the previous two years.

Meanwhile, LG Electronics Co. stated it has maintained its management place within the world OLED TV marketplace for 11 years in a row. The South Korean

dwelling home equipment

maker shipped round 3 million items of OLED TVs final 12 months, accounting for 53 p.c of the world’s complete shipments.

In the large-sized OLED TV section, specifically, LG Electronics posted a market share of 60 p.c final 12 months on rising reputation of wi-fi 97-, 83- and 77-inch fashions in North America and Europe.

(This story has not been edited by News18 employees and is revealed from a syndicated news company feed – IANS)

S AadeetyaS Aadeetya, Special Correspondent at News18 Tech, by accident bought into journalism 10 years in the past, and since then, has been a part of established media ho…Read More

Source: www.news18.com

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