According to Omdia research, Samsung Electronics ranks first for the 15th consecutive year in the global TV market. According to the report, in the fourth quarter of 2020, Samsung Electronics accounted for 31.8% of the global TV market share. Also, in 2020, it hit a market share of 31.9% in the largest annual category by revenue.
According to Samsung, its innovation-led growth agenda is responsible for its groundbreaking new technologies. Furthermore, the South Korean manufacturer is available in a wide variety of categories. This means that it reaches a wide variety of users.
Samsung hopes to retain its leading position in the global TV market this year. To do this, it will have to continue its expansion plans and release new products. Furthermore, the company will make its TVs more attractive by including more proprietary technology/features across more TV lineups. Of course, the company will need to invest more in its research and development to achieve this. Also, it will have to put more effort into its core business strategies.
According to Samsung, it will expand its Neo QLED lineup along with its MICRO LED, Lifestyle TVs, and other lineups.
Jong-hee Han, President of Visual Display Business at Samsung Electronics said “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…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.”
Gizchina News of the week
Samsung TV Plus streaming service now expands to more smartphones!
According to a new report by SamMobile, Samsung TV Plus streaming app is now available for the Galaxy S9 series, Note 9 smartphone along with the recently launched Galaxy S20 FE. Furthermore, Samsung has now brought the service to its foldable devices namely Galaxy Fold, Galaxy Fold 2, and Galaxy Z Flip. Apart from all the above-mentioned flagship devices, the service can now be enjoyed by mid-range device owners as well.
Samsung TV Plus will now also work on Galaxy XCover Pro, Galaxy A51, A51 5G, and Galaxy A71 5G. There are various devices that are still not part of the supported list and we expect that to happen soon. Furthermore, it would be great if Samsung ends up bringing the service to its tablet offerings. To enjoy the service, you can install the app from the Galaxy App Store on your supported device. It is worth noting that the service is not available in every market.
According to a blog post on Samsung Newsroom, the Samsung TV Plus is available in select regions – U.S., Canada, U.K., Germany, France, Italy, Spain, Switzerland, Austria, Korea, and Thailand. The service still lacks in various markets such as India. It would be interesting to see whether the brand will expand the service to more regions anytime soon or not.
