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
-
Examination malpractice is rising, not declining – EduWatch
15 minutes -
Credit Unions encouraged to use technology to improve service
17 minutes -
GBA President calls for reasonable, proportionate bail conditions
22 minutes -
NAGRAT calls for end to political influence on WAEC results
24 minutes -
GBA to announce position on Tribunals Law soon – GBA President
25 minutes -
WAFU B U-17 Girls Cup: Joe Nana Adarkwa eyes title defence with Black Maidens
26 minutes -
GFA opens disciplinary case against GoldStars CEO Kwasi Adu
27 minutes -
Education Ministry welcomes Catholic Bishops’ call for CSSPS review
30 minutes -
2026 Women’s Super Cup set for September 23 to September 29 in Prampram
38 minutes -
Rennes register Ghana defender Alidu Seidu for Europa League amid Nice interest
43 minutes -
Deliberate VAT evasion will attract penalties — GRA
46 minutes -
If the Ghana Premier League is financially weak and structurally fragile, Africa will expose its weaknesses
57 minutes -
Accra-Kumasi Expressway: 48 Engineer Regiment can deliver if well resourced – Political Lecturer
1 hour -
Businesses above GH¢750,000 turnover must register for VAT – GRA
1 hour -
Kenya confirmed hosts of World Athletics Championships 2029
1 hour