Samsung Named No.1 Global TV Manufacturer for 15 Consecutive Years

-

 

New industry report affirms 15 years of industry-leading innovation, positioning Samsung at forefront of TV industry


Samsung has topped the global TV market for the 15th consecutive year, according to market research firm, Omdia. Newly released data published on February 23 notes that Samsung recorded 31.9% in global TV market share by revenue in Q4 2020 and retained the largest annual category market share by revenue in 2020, at 31.9%.

 

Samsung’s growth across the Visual Display Business reflects a commitment to the most premium at-home viewing experiences, coupled with the fast-growing QLED portfolio, category leadership in the ultra large screen segment over 75-inches, the introduction and expansion of a Lifestyle TV portfolio, and a series of industry, category and product “firsts” made possible thanks to Samsung’s constant drive for innovation.

 

“Consumers use screens every day to entertain, connect with loved ones, work, exercise from home and do much more. And we have seen how different lifestyles and routines have not only evolved, but converged,” said Nivash Ramsern, Head: Visual Display at Samsung South Africa. “We continue to be incredibly humbled by the trust placed in our vision and products; it is what drives our relentless pursuit to deliver cutting-edge innovation and a best-in-class screen experience that meets the needs of the modern-day consumer.”

 

Looking back over the last 15 years, Samsung’s innovation-led growth agenda has incorporated ground-breaking new technologies, while spanning multiple categories, reaching a wide range of consumers and use cases.

 

In 2021, Samsung expects to maintain its industry-leading market position with the introduction and expansion of core products and by incorporating proprietary technology and features across all TV line-ups. This includes Samsung’s new Neo QLED line-up along with Samsung’s MICRO LED, Lifestyle TVs and a company-wide alignment of operations through long-term sustainability programs. Over the next few years, Samsung will also continue to invest in R&D and product development in strategic business areas to strengthen its core and emerging technology offers.

Comments

Post a Comment

Popular posts from this blog

Empowering Business Connectivity and Innovation: Insights from HPE and Tarsus Leadership

-
In a recent conversation, leaders from HPE shared their strategic initiatives and technological advancements designed to empower businesses in the digital landscape. Here are some key insights from the discussion: Introducing the Panel • Mandy Duncan, South Africa Country Manager at HPE Aruba • Michael Langeveld, Head of Technology & Business Development, HPE South Africa • President Ntuli, Managing Director at HPE South Africa Connecting with the Channel Community HPE’s strategy emphasizes connecting with its channel community. Mandy Duncan highlighted the importance of leveraging ecosystems across various geographies to drive business outcomes. HPE aims to create long-term, sustainable partnerships beyond short-term revenue goals. Announcements and Innovations 1. Data Protection as a Service: HPE announced a partnership with distributor Tarsus to introduce data protection as a service, addressing cybersecurity concerns such as ransomware.  2. Hybrid Cloud ...
Read more

Vodacom Group enhances employee offerings to endorse inclusivity and promote well-being.

-
Image
Vodacom Group, recently ranked by the Top Employers Institute as the continent’s number one employer, has now enhanced some of its employee offerings as part of its commitment to creating an inclusive work environment across its markets. With an emphasis on Compassion, Acceptance, Respect and Empathy (C.A.R.E.), the company’s enhanced wellness initiatives include support for all stages of life, such as menopause, and a more encompassing family responsibility leave policy. “Our employees are the heart of Vodacom. We believe that their well-being contributes directly to our success as a company in fulfilling our purpose of connecting for a better future. By enhancing our employee value proposition through empathetic and inclusive policies and practices, we are creating a workplace culture where people feel empowered to thrive and make a positive impact on their career journey,” says Matimba Mbungela, Chief Human Resources Officer for Vodacom Group.  In a  recent research report ...
Read more

How can we grow young female entrepreneurship in South Africa?

-
Image
  How can we grow young female entrepreneurship in South Africa? By Linda McClure, Raizcorp COO South Africa, like many countries globally, grapples with the challenge of  youth unemployment . This is supported by statistics indicating a 45,5% unemployment rate among young individuals (aged 15-34 years), in contrast to the national average of 32,9% in the first quarter of 2024. It’s clear, though, that the struggle continues for many South African women – specifically in the area of small business and entrepreneurship. According to the World Bank, Africa boasts the highest growth rate of female-run businesses in the world. But down on the southernmost tip of the continent, women are still in the minority when it comes to entrepreneurship. While more than half of South Africa’s population is female, only 38% of SMEs are women owned and led. Despite these benefits and the potential of entrepreneurship to improve the socio-economic empowerment of  women in South Africa, ...
Read more