Samsung Posts Record Show of Global TV Market
26 November, 2020
Samsung's show of the global Television set market has reached a record of practically one-third.
According to advertise researcher Omdia, Samsung offered US$9.32 billion worth of TVs all over the world in the third quarter of the entire year, accounting for the biggest show of the global industry with 33.1 percent in money terms. That was up from 30.3 percent on-year.
The Korean huge also ranked at the very top regarding sales volume with 14.85 million TVs or 23.6 percent.
TV manufacturers have already been weeping all the way to the lender this year due to the coronavirus epidemic sent demand from housebound buyers soaring.
The global TV markets in the July-to-September period was estimated at 62.87 million sets or $28.2 billion, up 14.7 percent on-year in terms of volume and 11.8 percent in money terms.
Samsung has maintained the most notable place for 14 years. It adjusted its sales approach this season by boosting online sales. According to analysts, the proportion of online Television sales rose from ten percent in the next half of last year to thirty percent in the next half of the year.
Meanwhile, LG's global TV market share reached 16.6 percent in money conditions to rank second, taking the combined share of Korean TV companies to 49.7 percent.
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