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Samsung sets a record of 17 years by securing the first position in the global TV market
Samsung is always recognized for its global market leadership and excellence, as well as its technical expertise and industry-leading innovations. Recent reports reveal that Samsung has topped the global market in the year 2022 and created a record of 17 years.
According to data from market research firm Omdia, Samsung has once again reached the top of the global TV market in 2022. This is the 17th year that the company has maintained the number 1 position in the TV industry.
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Samsung’s 17 consecutive years of leadership in the TV market is a testament to the company’s commitment to providing the most innovative products, consumer-centric design, and enhanced user experience. The achievement can be attributed to the company’s promise of a premium viewing experience and user-centric design.
Samsung has maintained its unmatched leadership in the TV industry for 17 years by prioritizing its premium lineup, exemplified by its Neo QLED series.
In 2022, sales of Samsung QLED and Neo QLED TVs will reach a staggering 9.65 million units, bringing the cumulative sales since their launch in 2017 to 35 million units.
In addition to this, the Korean tech giant also overlooks the ultra-large TV market in 2022, accounting for 36.1% and 42.9% market share of TVs above 75 inches and above 80 inches respectively. For the premium TV market priced above $2,500, Samsung maintained the largest market share with 48.6% of revenue.
Samsung’s 17 Years Achievements
Launched in 2006, Bordeaux TV marked the mainstream adoption of LCD TVs with a refined design and lightweight form factors. It is also the first time that Samsung has secured the first position in the global TV market. After launching its first LED TV in 2009 and Smart TV in 2011, the company has continued to bring innovative technologies closer to consumers, leading the market with each launch.
Back in 2017, Samsung defined the term “next-generation display” by launching the first QLED TV, which leveraged quantum dot technology to achieve 100% color volume for the first time in the industry.
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In 2018, the company launched the successful QLED 8K, followed by the Quantum Mini LED back-illuminated Neo QLED and the self-illuminating Micro LED in 2021. These innovative technologies redefine the standard for TV picture quality and continue to set new industry benchmarks every time.
The company has continually improved its lineup to enhance the user experience with products such as The Frame, The Sero, The Terrace, The Premiere, and The Freestyle.
This year, Samsung will continue to innovate and develop intuitive technologies designed to meet user needs. SmartThings will enable seamless integration and connectivity across multiple devices, while security remains a top priority, enabling users to create deeply personalized experiences tailored to their unique preferences and needs.
As per the Cheolgi Kim, Executive Vice President of the Visual Display Business at Samsung Electronics:
“Our track record of industry leadership over the past 17 years was made possible by our consumers’ continued loyalty and trust in our products. We will continue to pave the path to create the most premium device experiences that go beyond premium picture quality.”
So it’s now almost confirmed that the Samsung Galaxy Ring would be available in 9 sizes. Earlier, the company’s upcoming smart device was spotted in 8 variants. Now, the latest listing confirms the existence of the ninth version, which was missing in the past.
As spotted by 91mobiles, the 9th model of Samsung Galaxy Ring has now been spotted on Bluetooth SIG certification. Notably, the ninth Galaxy Ring variant (model number SM-Q503) brings support for Bluetooth 5.4, aligning with the rumors we’ve heard in the past.
Ring variants denote different sizes of Samsung’s upcoming wearable device, making a praiseworthy array for consumers. The South Korean tech giant unveiled the Galaxy Ring at the Mobile World Congress. It is expected to be launched at the Galaxy Unpacked in July.
The South Korean tech giant is expected to launch the Galaxy Ring in three color options including Ceramic Black, Platinum Silver, and Gold. Additionally, the largest Ring model is slated to have a larger battery than the remaining variants.
Image: 91mobiles
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Samsung recently revealed changes in its top five customers for the first quarter of 2024. Samsung dropped US-based Qualcomm and Best Buy from its top five clients and joined Chinese semiconductor suppliers Digitimes report.
According to the info, US-based Qualcomm and Best Buy are no longer in Samsung’s top 5 clients in 2024. The South Korean tech giant has added two new firms to its list of five top clients, per the quarterly report announced yesterday.
The company has listed Hong Kong-based Techtronics and Singapore-based Supreme Electronics. These firms retail chips in China, which replaced Qualcomm and Best Buy in the company’s top five customer list.
In the first quarter, Apple, Deutsch Telekom, Techtronics, Supreme Electronics and Verizon were Samsung’s top 5 clients. The five customers accounted for 13 percent of Samsung’s quarterly revenue.
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Galaxy AI has many features that make flagship Samsung phones like new. Debuted with the Galaxy S24 series, Samsung’s Galaxy AI innovation is rolling out to recent premium phones, foldables, and tablets.
Last month, Samsung upgraded all the 2023 flagship phones, tablets, and foldables with Galaxy AI features. Earlier this month, the company further expanded the AI features with One UI 6.1 update to flagships released in 2022.
Galaxy AI brings both on-device and cloud-based artificial intelligence features. Google smartphone users are feeling robbed as they are not getting the AI advancements that the company announced with the Pixel 8 Pro.
Samsung’s Galaxy AI brings many cool features such as Live Translate, Interpreter, Generative Edit, Note Assist, Browsing Assist, Video Editor, Generative Wallpaper, and Circle to Search by Google.
Samsung devices renewed w/ Galaxy AI features
Galaxy S23 series, Galaxy Z Flip 5, Galaxy Z Fold 5, and Galaxy Tab S9 series benefited in the first phase of rollout. However, the second phase of Galaxy AI has just resumed after a slight break to the Galaxy S22 series.
While the Galaxy S23 and other 2023 models have widely received the update, the Galaxy S22’s rollout has just started. Initially available in South Korea, the AI-packed One UI upgrade will soon be available on your handset.
Galaxy S Series
- Galaxy S24 Series
- S24, S24 Plus and S24 Ultra
- Galaxy S23 Series
- S23, S23 Plus and S23 Ultra
- Galaxy S22 Series
- S22, S22 Plus and S22 Ultra
Galaxy Z Series
- Galaxy Z Fold 5 and Z Fold 4
- Galaxy Z Flip 5 and Z Flip 4
Galaxy Tab Series
- Galaxy Tab S9 Series
- Tab S9, Tab S9 Plus and Tab S9 Ultra
- Galaxy Tab S8 Series
- Tab S8, Tab S8 Plus and Tab S8 Ultra
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