Samsung Tops Global TV Market for 15th Straight Year in 2020, LG Takes Second Spot
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Samsung has announced that the company topped the global TV market for the 15th consecutive year. Citing the latest data from market research firm, Omdia, the South Korean tech giant says that its global TV market share by revenue in Q4 2020 (October to December) stood at 31.8 percent while the company retained the largest annual category market share by revenue in 2020 at 31.9 percent. Data shows that Samsung’s domestic rival LG took the second spot with a 16.5 percent share, followed by Sony with 9.1 percent share.
Over the years, Samsung has unveiled a variety of TV models with LCD and OLED panels. The company, at this year’s CES 2021 event, also showcased the next-gen Neo QLED display panel alongside new MicroLED and Frame TV models. Speaking more over the latest feat, Jong-hee Han, President of Visual Display Business at Samsung said that the growth is attributed to rising demands in TV models for daily to entertainment purpose.
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