Samsung Electronics stated on Monday that it has retained its place as the highest participant within the international tv marketplace for the 18th consecutive yr.

The South Korean tech large took up 30.1 % of the world TV market when it comes to income final yr, remaining on the prime since 2006, based on Samsung Electronics, citing the market analysis agency Omdia.

Its flagship QLED TVs have contributed to the corporate’s sturdy efficiency, with gross sales reaching 8.31 million items final yr, stories Yonhap information company.

Because the introduction of QLED expertise in 2017, Samsung Electronics has cumulatively bought 44 million items. Within the premium phase for TVs valued at $2,500 or larger, Samsung had a share of 60.5 per cent in 2023, up from 48.3 per cent the earlier yr.

The corporate additionally maintained a robust presence out there for giant TVs, posting a market share of 33.9 per cent final yr, pushed by strong gross sales of the corporate’s largest Neo QLED, its 98-inch mannequin.

Within the OLED TV phase, Samsung Electronics accounted for 22.4 % of the worldwide market when it comes to income final yr, with gross sales exceeding 2 million items over the previous two years.

In the meantime, LG Electronics Co. stated it has maintained its management place within the international OLED TV marketplace for 11 years in a row. The South Korean

maker shipped round 3 million items of OLED TVs final yr, accounting for 53 % of the world’s whole shipments.

Within the large-sized OLED TV phase, specifically, LG Electronics posted a market share of 60 % final yr on rising recognition of wi-fi 97-, 83- and 77-inch fashions in North America and Europe.

(This story has not been edited by News18 employees and is revealed from a syndicated information company feed – IANS)