SEOUL, KOREA - Samsung Electronics and LG Electronics are expected to pass the 10-percent barrier in market share in China’s TV market.The two South Korean TV makers, which rank No. 1 and No. 2 in the global TV market, have had a hard time in China.
According to market research firm DisplaySearch on November 20, Samsung gained a share of 9.4 percent in China’s TV market in the third quarter of this year, while LG achieved a 3.6-percent share during the same period.
Staying ahead of Samsung were Hisense (16.1%), Skyworth (14.4%), TCL (12.4%) and Changhong (11.8%).LG Electronics followed Konka (9.4%), Sharp (5.5%), Sony (4.5%) and Haier (3.7%).
The combined Chinese TV market share of the two South Korean companies stood at 11.3 percent in the first quarter and 14.2 percent in the second quarter.
Article provided by The Korea Economic Daily
