| Mobile Web

Chinese TV brands target premium market as Samsung fights to hold top spot

Samsung Electronics, which has held the top spot in the global TV market for 22 years, is under growing pressure from China’s TCL. Counterpoint Research data showed Samsung’s shipment share slipped to 17 percent in November, while TCL lifted shipments 20 percent year on year. Samsung’s VD·DA revenue fell across three quarters and operating profit turned to a roughly 100 billion won loss in the third quarter. TCL is also moving into premium TVs via a Sony joint venture.