Following their competition in integrated washing and drying machines, Samsung Electronics and LG Electronics are now launching AI TVs, sparking another pride battle. On-device AI, which operates AI within the device without a network connection, is rapidly spreading to TVs.On March 13, Samsung Elec
Samsung Electronics announced on Jan. 16 that its 2024 The Frame has become the first display to receive an ArtfulColor Validation certification from Pantone, recognizing its outstanding color reproduction and differentiated picture quality.Pantone, the global color company, awards an Artful Color V
In the premium TV product line, Samsung Electronics’ market share in the Mini Light Emitting Diode (LED) TV market has significantly dropped this year. While Samsung, which had an overwhelming market share, experienced a decrease in shipments, Chinese companies like Hisense and TCL increased their s
Despite a global economic slowdown, Samsung Electronics and LG Electronics have maintained their lead in the global TV market. Both companies especially showed strong competitiveness in the high-end premium TV segment.According to the market research firm Omdia on Nov. 21, Samsung Electronics record
Samsung Electronics’ Organic Light Emitting Diode (OLED) TV, a collaboration between Samsung and LG, failed to debut at IFA 2023, Europe’s largest electronics show, sparking interest in the reasons behind the decision.According to industry sources on Sept. 4, Samsung Electronics showcased a series o
Samsung Electronics paid a total of 1.9521 trillion won to Chinese companies in the first half of this year to purchase liquid crystal display (LCD) panels for TVs and monitors, according to the Financial Supervisory Service’s electronic disclosure system on Sept. 2.Most of these panels were produce
The market share of Samsung Electronics’ flagship products, including semiconductors, smartphones, and TVs, fell altogether in the first half of this year. In particular, the share of its DRAM, the company’s core business item in the semiconductor field, hit a nine-year low, although it remained the
As Samsung and LG are intensifying their strategies to capture the global market for Organic Light-Emitting Diode (OLED) TVs, Japanese companies such as Sony and Sharp are tightening their pursuit. This mirrors previous competition between the two countries in the Liquid Crystal Display (LCD) market
Samsung Electronics has teamed up with LG Display to start selling 83-inch (diagonal length about 211 cm) OLED TVs in the United States. The company had been unable to penetrate the large-scale OLED TV market due to the panel production limits of its affiliate Samsung Display, but now it is capable
Korean companies are putting front and center premium TVs that offer special experiences in addition to delivering strong performance in order to maintain their position as the traditional powerhouses in the global TV market. This move is being made as Chinese TV makers have been waging a price war
While the world TV market was hit hard by a global economic downturn, Samsung Electronics re-entered the organic light-emitting diode (OLED) TV market after 10 years. This has made the OLED TV market a new battleground in the greater premium TV market.According to industry sources on March 7, Samsun
Samsung Electronics launched a new organic light emitting diode (OLED) TV in the Korean market for the first time in 10 years, declaring a duel with LG Electronics.The company announced on Feb. 20 that it has started to receive pre-orders for new 2023 TV models such as Neo QLED and OLED TVs. Prior t
Samsung Electronics and Nanoco Technologies recently announced that they have ended their lawsuit regarding five quantum dot patents. Samsung Electronics is supposed to pay US$150 million to the U.K. company.Nanoco Technologies filed the suit in 2020 with the U.S. District Court for the Eastern Dist
Samsung Electronics and Xiaomi are competing fiercely for a bigger pie in the huge Indian market. The two companies rank first and second in the smartphone and smart TV markets, with a narrow gap in market shares.India has a population of 1.4 billion, but the smartphone penetration rate is only 60 p
Premium TV prices are falling noticeably as domestic and foreign companies are in price competition in response to sluggish demand.UBI Research, a market research company, conducted a survey of retail prices of 65-inch premium TV models from Samsung Electronics, LG Electronics, and Sony at stores of
With connectivity emerging as a hot topic at IFA 2022, the largest consumer electronics show in Germany, LG Electronics announced on Sept. 1 that it will enhance the connectivity of its ThinQ application to provide a differentiated experience that goes beyond Samsung Electronics’ device connection p
Market research firm Omdia announced on Aug. 23 that the global TV market share of Samsung Electronics and LG Electronics was 48.9 percent on a sales value basis in the first half of this year.Samsung Electronics distinguished itself in the ultra-large and high-end TV segments. In the first half, it
Samsung Electronics reported on July 28 financial results for the second quarter ended June 30, 2022.The company posted consolidated revenue of 77.2 trillion won, a record for the second-quarter, and operating profit of 14.1 trillion won, a 12% increase from a year earlier. The Device Solutions (DS)
Samsung Display has abandoned its liquid crystal display (LCD) business, but is hesitant to invest in large organic light emitting diode (OLED) TV panels, which are regarded as next-generation displays. This is because Samsung Electronics, which is its biggest client, is showing a lukewarm attitude.
Market research firm Omdia announced on May 24 that the global TV market contracted by 6.3 percent to US$25.675 billion and 4.3 percent to 49.07 million units in the first quarter of this year.“The market share of Samsung Electronics, which has led the market for 16 years in a row, was 32.9 percent