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The Korea Herald
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THE INVESTOR
March 29, 2024

Samsung

Samsung, LG widen lead over Asian rivals in global TV market

  • PUBLISHED :August 23, 2016 - 13:17
  • UPDATED :August 23, 2016 - 14:02
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[THE INVESTOR] Samsung Electronics and LG Electronics increased their share of the global television market in the second quarter to widen their lead over Japanese and Chinese competitors, according to industry data on Aug. 23.

Samsung’s share of the global TV market in terms of shipments rose to 22.2 percent for the April-June period, compared to 21.4 percent for the same quarter last year, data compiled by industry tracker IHS showed.

LG’s market share edged up to 13.1 percent for the second quarter from 13 percent last year.

No. 3 maker Sony saw its market share rise to 5.6 percent from 5.4 percent. Two Chinese brands -- TCL and Hisense -- also increased their market shares to 5.6 percent and 5.5 percent, respectively.

(theinvestor@heraldcorp.com)

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