Samsung tops global TV market with record share in Q1, says Report
Samsung Electronics maintained its status as the world’s leading TV vendor with a record market share in the first quarter, a report showed on Tuesday, as the tech giant posted robust growth on the back of its QLED and large TVs.
Samsung represented 32.9 percent of the global TV market in terms of sales revenue in the January-March period, its largest share for a first quarter, according to data from industry researcher Omdia.
Samsung was followed by its South Korean rival LG Electronics with 19.2 percent and Japan’s Sony Corp. with 8 percent.
Samsung, which has been the world’s top TV manufacturer since 2006, said its strategy to focus on premium QLED and large-size TVs once again helped the company post brisk sales amid the pandemic.