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Tuesday, 14 July 2015

Samsung Electronics Tops in China's Smart TV Market

Korea IT Times (info@koreaittimes.com): Samsung Electronics, the No. 1 player in the global TV market, kept its top spot in the smart TV market in China, the largest TV market in the world, for ten straight quarters. According to market research firm The GfK Group on July 12, Samsung Electronics gained a share of 20.8 percent in the Chinese smart TV market (in terms of revenue in major 100 cities) in the second quarter of this year, dwarfing that of local companies. Since it became the No. 1 player in the first quarter of 2013 with a share of 17.1 percent, Samsung has maintained its leading presence for ten consecutive quarters. Following Samsung Electronics were Hisense with 14.1 percent, Skyworth and Sharp each with 11.8 percent, Sony with 8.6 percent, TCL with 8.5 percent, and Changhong with 6.6 percent. In the meantime, the global smart TV market is forecast to expand to 97.1 million units this year from 73.1 million units in 2013, according to market research firm DisplaySearch. Samsung Electronics established an unrivaled position in the global smart TV market with a share of 28.2 percent last year. Source: Article