Electronics
Samsung Electronics tops global TV sales in H1
Driven by AI-based and premium TVs, Samsung maintained the No. 1 position and aims to top a 19th consecutive year
By Aug 20, 2024 (Gmt+09:00)
1
Min read
Most Read
LG Chem to sell water filter business to Glenwood PE for $692 million


KT&G eyes overseas M&A after rejecting activist fund's offer


Kyobo Life poised to buy Japan’s SBI Group-owned savings bank


StockX in merger talks with Naver’s online reseller Kream


Meritz backs half of ex-manager’s $210 mn hedge fund



Samsung Electronics Co. maintained its top position in the global TV market in the first half of this year, bolstered by robust sales of its newly introduced AI-powered TVs.
The company's dominance in the premium TV sector, particularly models priced above $2,500 and its Neo QLED series, played a crucial role in sustaining its top spot.
According to a report released on Monday by global market research firm Omdia, Samsung Electronics captured a 28.8% share of the global TV market during the first half of the year.
This achievement positions Samsung on the verge of maintaining its No. 1 ranking in the global TV market for an impressive 19th consecutive year.
However, the company experienced a slight dip in market share, down 2.4 percentage points from the same period last year.
Trailing Samsung, LG Electronics Inc. secured second place with a 16.6% market share, while Chinese brands TCL and Hisense followed with 12.1% and 10.0%, respectively.
Samsung Electronics' success was driven by its strong performance in the premium TV market.
The company dominated the markets for TVs priced over $2,500 and $1,500, commanding a 52.8% market share.
Despite this, the gap between Samsung and TCL has been narrowing. In the second quarter of last year, the gap stood at 21% points, but it has since shrunk to 16.7% points.
Write to Chae-Yeon Kim at why29@hankyung.com
More to Read
-
-
ElectronicsSamsung cements TV market lead in Q1; LG tops OLED segment
May 21, 2024 (Gmt+09:00)
2 Min read -
-
-
-
Carbon neutralitySamsung gets global carbon reduction certification for TV
Feb 05, 2024 (Gmt+09:00)
1 Min read
Comment 0
LOG IN