April 26, 2024

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[THE INVESTOR] Samsung Electronics remained as the leading player in the US home appliances market in the July-September period, ranking No. 1 for the sixth consecutive quarter.

Citing the data compiled by industry tracker Traqline, Samsung Electronics said it accounted for 19.3 percent of the US market in the third quarter in terms of sales. It accounted for 18.9 percent of the market for the January-September period.

The third-quarter performance marks an increase from 16.8 percent posted a year earlier, Samsung added. The Korean tech giant’s market share came to 17.3 percent for all of 2016.

Samsung said its refrigerators and washers continued to expand their presence in the United States. The company said its refrigerators posted a market share of 22.1 percent in the third quarter on the premium models.

Samsung‘s washers also took up 20 percent of the U.S. market helped by the popularity of FlexWash products, standing as the No. 1 player in the segment for the fifth consecutive session.

By Alex Lee and newswires (alexlee@heraldcorp.com)