SEOUL: South Korean tech giant Samsung Electronics Co. consolidated its top position in the global television market in the second quarter with brisk sales of premium models, data showed Wednesday.
Samsung accounted for 28.5 percent of the global TV market in the April-June period, adding 1.4 percentage points from the first quarter, according to market tracker IHS DisplaySearch.
Samsung’s local rival, LG Electronics Inc., came next with 14.1 percent, followed by Japan’s Sony Corp. with 7.3 percent and China’s Hisense with 5.5 percent, the researcher said.
The combined sales of South Korean TV makers reached 42.6 percent of the global market during the period. Samsung dominated the curved TV market on the back of its premium lineups, taking up 80.7 percent of the total.
Its ultra high-definition (UHD) TVs took up 36.4 percent to rank first for the sixth consecutive quarter, while LG had a 12.2 percent market share, the researcher noted.