Samsung, LG Dominate Global TV Market

  • Arirang News

    August 30, 2018 09:10

    Korean home appliance makers Samsung and LG dominated the global TV market with their premium lines in the first half of this year.

    Samsung took up 29 percent of the market share, followed by LG with 17.5 percent, according to a report released on Wednesday by market researcher IHS Markit.

    Total TV shipments surpassed 99 million units, an increase of nearly eight percent from the same period last year.

    The report attributed the increase to this year's mega sporting events such as the Winter Olympics in Pyeongchang, the World Cup in Russia and the Asian Games in Indonesia, boosting competition between major global TV makers.

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