Audio By Carbonatix
Samsung Electronics topped the global TV market for the 15th consecutive year, according to market research firm, Omdia.
Newly released data published on February 23 notes that Samsung Electronics recorded 31.8% in global TV market share by revenue in Q4 2020 and retained the largest annual category market share by revenue in 2020, at 31.9%.
Samsung’s growth across the Visual Display Business reflects a commitment to the most premium at-home viewing experiences, coupled with the fast-growing QLED portfolio, category leadership in the ultra large screen segment over 75-inches, the introduction and expansion of a Lifestyle TV portfolio, and a series of industry, category and product “firsts” made possible thanks to Samsung’s constant drive for innovation.
“Consumers use screens every day to entertain, connect with loved ones, work, exercise from home and do much more. And we have seen how different lifestyles and routines have not only evolved, but converged,” said Lucas Lee, Managing Director at Samsung Ghana.
“We continue to be incredibly humbled by the trust placed in our vision and products; it is what drives our relentless pursuit to deliver cutting-edge innovation and a best-in-class screen experience that meets the needs of the modern-day consumer.”
Looking back over the last 15 years, Samsung’s innovation-led growth agenda has incorporated groundbreaking new technologies, while spanning multiple categories, reaching a wide range of consumers and use cases.
In 2021, Samsung expects to maintain its industry-leading market position with the introduction and expansion of core products and by incorporating proprietary technology and features across all TV lineups.
This includes Samsung’s new Neo QLED lineup along with Samsung’s MICRO LED, Lifestyle TVs and a company-wide alignment of operations through long-term sustainability programs.
Over the next few years, Samsung will also continue to invest in R&D and product development in strategic business areas to strengthen its core and emerging technology offers.
Latest Stories
-
Harry says he was made ‘paranoid’ by Daily Mail publisher’s ‘unlawful’ actions
3 hours -
Trade war in no-one’s interest, says British PM in face of Trump threats
3 hours -
Greenland ‘will stay Greenland’, former Trump adviser declares
4 hours -
I do not want to reconcile with my family, says Brooklyn Peltz Beckham
4 hours -
Djokovic registers 100th Australian Open win
4 hours -
China’s birth rate hits record low as population continues to shrink
4 hours -
US believes its power matters more than international law, UN chief tells BBC
4 hours -
2028 is not a normal election – Amewu explains why NPP needs Kennedy Agyapong
4 hours -
The whole nation wants Kennedy – Amewu makes strong case for Agyapong
5 hours -
Sogakope Circuit Court jails farmer 15 years for incest, defilement
5 hours -
31-year-old illegal miner sent to prison over theft
5 hours -
Court remands GPHA staff over stolen tugboat
6 hours -
Attendance at trial is a constitutional duty, not an option
6 hours -
RTI response raises questions over Bryan Acheampong’s military service claims
6 hours -
Two women granted bail over assault of 12-year-old; another remanded
6 hours
