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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.”
New York became the first US state to bring retail consumer rebates for appliances under the Inflation Reduction Act. Applauding the move, Samsung launched a huge energy-saving opportunity for the residents of New York.
Samsung started offering up-front discounts to consumers statewide through New York’s IRA HEAR program. Consumers can now access IRA’s Home Electrification and Appliance Rebate (HEAR) program.
IRA HEAR rebate program advantages
- Save up to $840 on Samsung’s innovative ENERGY STAR products, including laundry appliances like heat pump dryers and all-in-one combo washers + heat pump dryers.
Visit Samsung’s home appliance page to learn more about the options available.
Samsung said this is just the beginning of its rebates journey in New York. The company looks forward to working with partners to expand these retail rebates to more products and in more states across the United States.
Pay attention, the IRA provides rebates and tax credits to households across America. New York is leading the way in providing direct retail point-of-sale appliance rebates, supporting an affordable clean energy transition.
Inflation Reduction Act
Signed in August 2022, the Inflation Reduction Act is the single largest investment in climate and energy in American history.
It provides home appliance rebates for discounts on electric energy-efficient appliances like Induction cooktops, ranges, and heat pump laundry appliances.
Samsung Galaxy Watch Ultra has undergone one of the most extreme military tests. The company has recently published a Watch Ultra test video, featuring Phillip Chu Joy.
Phillip participated in the Peruvian Navy’s Special Operations Course to showcase the watch’s capabilities. It is renowned as one of the world’s most challenging military training programs.
“The Galaxy Watch Ultra pushes technology to its limits, handling extreme conditions with ease,” Chu Joy remarked. “It’s undoubtedly designed for those seeking exceptional performance.”
The Samsung Galaxy Watch Ultra proves its durability and functionality in water, mud, and sand — excelling even under the grueling conditions of Peru’s most extreme military training.
Galaxy Watch Ultra
The Watch Ultra boasts a Grade 4 titanium frame. It also features a shockproof cushioned design that meets MIL-STD-810H2 military standards and water resistance of up to 10ATM.
The product is capable of operating within a broad temperature range of -20°C to 55°C4 and performing at altitudes of up to 9,000 meters above sea level.
These capabilities make it ideal for tracking advanced physical activities like ocean swimming and cycling in extreme conditions; take the Perivian military training as a recent proven example.
Samsung’s Watch Ultra is the ultimate companion for sports enthusiasts and extreme adventurers. It’s crafted to endure the toughest conditions with its pro-grade features and premium materials.
Samsung’s Mauricio Revollar stated:
“We wanted the public to experience the Galaxy Watch Ultra like never before in the Peruvian market by creating the most extreme product review ever undertaken here.”
“This was made possible thanks to the collaboration of the Peruvian Navy, which allowed us to highlight and celebrate the commitment of the students in one of the world’s most demanding military training programs.”
Watch the video below:
Apple collaborated with OpenAI to power Apple Intelligence features. The ChatGPT maker continues to create obstacles for Google. In a recent move, OpenAI discussed a potential AI partnership with Samsung.
TheInformation (via Reuters) reported that OpenAI has recently discussed powering AI features on Samsung-made devices. It seems the ChatGPT-maker wishes an AI partnership with Samsung to expand its reach in multiple folds.
The company is considering developing a web browser to rival Google’s Chrome. OpenAI recently introduced its search engine called SearchGPT. It is available to limited users alongside internal testers and strategic partners.
Samsung x OpenAI
Samsung and Google’s close partnership doesn’t need any elaboration. The friendship isn’t limited to services, as both firms work across an ecosystem. However, it doesn’t stop Samsung from partnering with OpenAI in favor of better service.
As the AI phone market is growing rapidly, OpenAI may innovate further. Google doesn’t lag, but there’s still room for a potential alliance. Apple Intelligence-like features might be deployed on Galaxy phones after Samsung’s partnership.
OpenAI knows Samsung holds the command of the worldwide smartphone market. Expansion of its services will be quite broader than Apple if its partnership with Samsung pens down. For now, take this information as a grain of salt!
Apple x OpenAI
Apple leads the worldwide premium smartphone market. Google and Samsung introduced their AI phones in October 2023 and January 2024, respectively. It forced Apple to immediately enter the segment to normalize the innovation gap.
Google’s availing Gemini Nano AI model, but Apple joined hands with OpenAI. To create a difference, OpenAI powering some of the coolest AI features on recent iPhones. The move is to attract other vendors to adopt source AI from OpenAI.
Well, Apple still reportedly considering bringing Gemini AI on iPhones. The company believes that iPhone users should have different AI providers available. Hence, a multi-collaborative approach is also in the pipeline, at least from Apple’s end.