Be the first, order the brand new Galaxy S24 FE, Galaxy Tab S10 Ultra, order the KING Galaxy S24 Ultra!

SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

News For You
News For You
Notifications

Q3 global TV shipments reach historic-high, Samsung reaps the benefits

TV
By 

Last updated: October 12th, 2020 at 19:17 UTC+02:00

The TV market is booming in the work from home era and Samsung is reaping the benefits. According to market research firm TrendForce, quarterly TV shipments worldwide have reached a historic all-time high in Q3 2020 when all brands combined have shipped 62.05 million units, leading to an impressive 38.8% quarter-on-quarter increase and a 12.9% year-on-year bump. Samsung was able to improve its position and ship 67.1% more TVs in Q3 than it did the previous quarter, and 36.4% more compared to a year ago.

Samsung had shipped a total of 14.2 million TVs globally in Q3 2020, claims the research firm. The tech giant was followed by LG Electronics and TCL with 7.9 and 7.3 million shipments, respectively. LG saw the highest bump in its quarterly shipments as it recording an 81.7% QoQ increase.

The global market is led by North America

The increase in worldwide TV shipments in Q3 2020 is partly owed to the North American continent where demand for TVs has soared by 20%. The COVID-19 pandemic led to higher TV sales in North America in the first half of 2020 and demand was even higher in the third quarter of the year, revealed the market research firm.

Indeed, last week another market analysis revealed that Samsung was the largest TV OEM in the USA and has enjoyed incredible success over the past 12 months. Samsung remains the leading brand with a 32% share of the US market.

TrendForce now estimates that global TV shipment figures could get even higher in Q4 2020, potentially topping 64.53 million units.

Via TV Smart TVTV
Galaxy AI summarized

Scroll for more related content
News For You

You might also like

Samsung teams up with NFL ex-pro to teach UK fans the rules

Samsung teams up with NFL ex-pro to teach UK fans the rules

NFL is becoming increasingly popular worldwide and in the UK, but Samsung found that many Brits who like watching the game don't understand all the rules. As the official smart TV partner of the NFL, Samsung has embarked on a quest to teach Brits how American Football is played. Samsung partnered with NFL ex-professional player […]

  • By Mihai Matei
  • 6 days ago
Samsung’s fun Freestyle projector gets a new $200 discount

Samsung’s fun Freestyle projector gets a new $200 discount

The Freestyle 2nd Gen with Gaming Hub might be one of Samsung's most fun devices under $1,000, and thanks to an ongoing limited-time deal, you can buy one for a lot less than that. Through this new discount, you can save $200 when you buy The Freestyle 2nd Gen. It usually costs $799, but with […]

  • By Mihai Matei
  • 1 week ago
Samsung TVs get Generative AI features like AI Cast and ChatGPT

Samsung TVs get Generative AI features like AI Cast and ChatGPT

AI, improved security, and an expanded device and software ecosystem were the widespread themes at this year's Samsung Developer Conference. For smart TV users, Samsung announced a wide range of Bixby upgrades at SDC24, and one of the best AI-centric upcoming tools is called Samsung AI Cast. With Samsung AI Cast, Generative AI is coming […]

  • By Mihai Matei
  • 2 weeks ago
Is it worth buying an 8K Samsung smart TV in 2024?

Is it worth buying an 8K Samsung smart TV in 2024?

Samsung offers a variety of smart TVs capable of 4K and 8K resolutions. However, one question many prospective TV buyers have is whether or not it is even worth buying an 8K TV in 2024. Let's try to find out by looking at some pros and cons. At present, one of the main arguments against […]

  • By Mihai Matei
  • 2 weeks ago
Samsung’s 8K Neo QLED TVs are up to $2,700 cheaper

Samsung’s 8K Neo QLED TVs are up to $2,700 cheaper

4K smart TVs still seem to be the more popular choice in 2024, but Samsung's 8K TVs are some of the best for prospective buyers who want that little extra. Now, Samsung's 8K smart TVs are an even better choice thanks to the latest discounts. Samsung offers new deals for its 2023 and 2024 8K […]

  • By Mihai Matei
  • 2 weeks ago
2023 Samsung TVs get new firmware before big Tizen 8.0 upgrade

2023 Samsung TVs get new firmware before big Tizen 8.0 upgrade

If you own a 2023 Samsung smart TV, a new firmware update should be waiting for you — assuming you haven't received the notification already. The firmware version suggests it's a big one, but you likely won't see any major changes to your TV's UI once you update. However, there's more to this release than […]

  • By Mihai Matei
  • 3 weeks ago