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H121 TV Set Revenue and Shipments Up 36.1% and 7.4% Y/Y Respectively
The worldwide TV market in the first half posted revenue of $54.2 billion, up 36.1% percent Y/Y, while shipments reached 99.11 million units, up 7.4% Y/Y.
Samsung Electronics and LG Electronics accounted for half of TV set revenue in H121, a report showed, as they maintained their leadership in the premium segment. Samsung had a 31% share percent of the global TV revenue, while LG followed with a 19% share, according to Omdia. Sony was 3rd with 9.3% followed by TCL with 7.4% and Hisense with 7.3%.
Samsung had a 21.2% shipment share with 21.03 million TVs, up 10.3% Y/Y, the first time since 2016 that the company's first-half sales volume topped 20 million units. Samsung’s premium QLED TV sales topped 4 million units in the first half, up 46 Y/Y. The global QLED TV market came to 5.25 million units in the first half. Samsung also had the dominant position in the 80-inch or larger TV segment with a market share of 51.9 percent.
Samsung expects to sell 10 million QLED TVs this year," Samsung said. LG sold 13.56 million TVs in the first half, up 25.8% Y/Y due to increased supply and enhanced price competitiveness of OLED displays. LG shipped 1.73 million OLED TVs in the first half, representing more than 63% of the worldwide OLED TV market. reaching 945,600 units in the second quarter, its largest-ever quarterly volume since the introduction of OLED TVs in 2013. The ASP of LG's OLED TVs is almost $2,000, nearly four times larger than that of LCD TVs.
In Q221, TV set shipments were 47.85m, up from 45.64 million units a year earlier, but down from 51.25m units sequentially due to seasonality and production disruptions from the resurgence of COVID-19.
Samsung's Q221 TV sales were 9.41 million units, down from 11.61 million in the previous quarter, while LG's TV shipments came to 6.28 million units, down from 7.28 million units in the first quarter.
The worldwide TV market in the first half posted revenue of $54.2 billion, up 36.1% percent Y/Y, while shipments reached 99.11 million units, up 7.4% Y/Y.
Samsung Electronics and LG Electronics accounted for half of TV set revenue in H121, a report showed, as they maintained their leadership in the premium segment. Samsung had a 31% share percent of the global TV revenue, while LG followed with a 19% share, according to Omdia. Sony was 3rd with 9.3% followed by TCL with 7.4% and Hisense with 7.3%.
Samsung had a 21.2% shipment share with 21.03 million TVs, up 10.3% Y/Y, the first time since 2016 that the company's first-half sales volume topped 20 million units. Samsung’s premium QLED TV sales topped 4 million units in the first half, up 46 Y/Y. The global QLED TV market came to 5.25 million units in the first half. Samsung also had the dominant position in the 80-inch or larger TV segment with a market share of 51.9 percent.
Samsung expects to sell 10 million QLED TVs this year," Samsung said. LG sold 13.56 million TVs in the first half, up 25.8% Y/Y due to increased supply and enhanced price competitiveness of OLED displays. LG shipped 1.73 million OLED TVs in the first half, representing more than 63% of the worldwide OLED TV market. reaching 945,600 units in the second quarter, its largest-ever quarterly volume since the introduction of OLED TVs in 2013. The ASP of LG's OLED TVs is almost $2,000, nearly four times larger than that of LCD TVs.
In Q221, TV set shipments were 47.85m, up from 45.64 million units a year earlier, but down from 51.25m units sequentially due to seasonality and production disruptions from the resurgence of COVID-19.
Samsung's Q221 TV sales were 9.41 million units, down from 11.61 million in the previous quarter, while LG's TV shipments came to 6.28 million units, down from 7.28 million units in the first quarter.
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