[Photo] Samsung still no. 1 in global TV industry, but Chinese competitors quickly gaining traction

Samsung Electronics came out on top in the global TV market for the first quarter of 2019, but Chinese competitors like TCL are quickly closing the gap. For the first time, TCL beat Samsung for the top share of the North America market, one of Samsung’s major targets. According to HIS Markit, Samsung Electronics had a share of 18.8% of the global TV market for the first quarter of 2019, down from 21.5% in 2017 and 19.2% in 2018. Samsung’s share of the global TV market has remained under 20% for seven consecutive quarters now. TCL, with its competitive prices, achieved a global market share of 10.8%, the first time the company achieved a share above 10%, closely following the heels of LG (12.8%). (provided by Samsung Electronics)