Samsung Named No.1 Global TV Manufacturer for 15 Consecutive Years

Samsung Named No.1 Global TV Manufacturer for 15 Consecutive Years

New industry report affirms 15 years of industry-leading innovation, positioning Samsung at forefront of TV industry

Samsung Electronics Co., Ltd. topped the global TV market for the 15th consecutive year, according to market research firm, Omdia. Newly released data published on February 23 notes that Samsung Electronics recorded 31.8% in global TV market share by revenue in Q4 2020 and retained the largest annual category market share by revenue in 2020, at 31.9%. 

Samsung’s growth across the Visual Display Business reflects a commitment to the most premium at-home viewing experiences, coupled with the fast-growing QLED portfolio, category leadership in the ultra large screen segment over 75-inches, the introduction and expansion of a Lifestyle TV portfolio, and a series of industry, category and product “firsts” made possible thanks to Samsung’s constant drive for innovation.

“Consumers use screens every day to entertain, connect with loved ones, work, exercise from home and do much more. And we have seen how different lifestyles and routines have not only evolved, but converged,” said Jong-hee Han, President of Visual Display Business at Samsung Electronics. “We continue to be incredibly humbled by the trust placed in our vision and products; it is what drives our relentless pursuit to deliver cutting-edge innovation and a best-in-class screen experience that meets the needs of the modern-day consumer.” 

Looking back over the last 15 years, Samsung’s innovation-led growth agenda has incorporated groundbreaking new technologies, while spanning multiple categories, reaching a wide range of consumers and use cases. 

In 2021, Samsung expects to maintain its industry-leading market position with the introduction and expansion of core products and by incorporating proprietary technology and features across all TV lineups. This includes Samsung’s new Neo QLED lineup along with Samsung’s MICRO LED, Lifestyle TVs and a company-wide alignment of operations through long-term sustainability programs. Over the next few years, Samsung will also continue to invest in R&D and product development in strategic business areas to strengthen its core and emerging technology offers.

For more information on Samsung’s TV products, please visit www.samsung.com/.

Related Articles

Luxury gadgets to truly elevate style and comfort in your life

Crafted aesthetically to upscale our lives, these luxury gadgets may come at astounding prices but they drive innovation like never before. From transparent futuristic TVs to a self-levelling pool table made for yachts, it is time to invest in luxury.
Check out our list of the most intriguing and extravagant luxury gadgets that can elevate your style as well as comfort like nothing else.
(Hero image credit: Samsung; Featured image credit: Bugatti)
The post Luxury gadgets to truly elevate style and comfort in your life appeared first on Prestige Online – Singapore.

Lululemon unveils the first yoga accessories made from mushrooms

Mylo is slowly but surely making its way into the fashion industry — a fabric created by scientists from Californian start-up Bolt Threads. After the first clothes and sneakers designed from this biodegradable plant material, the first yoga accessories made of Mylo will be created in 2022 with specialised fitness brand lululemon.
The fashion industry may still be struggling to meet its commitments to sustainable development, as revealed in a recent report published Business of Fashion, but some players in the sector seem determined to do their utmost to reduce their impact on the planet. To achieve this, they are committed to innovating with new ethically and environmentally responsible materials. This is the case of Mylo, a material made from mycelium, the vegetative part of the mushroom formed of filaments, and brands are starting to embrace it.
One such brand is lululemon which is introducing the material to the world of sports, and more precisely to the world of yoga gear. The brand has announced the launch of the first yoga accessories made with Mylo, combining design, durability and functionality. The lululemon accessory design team has created a high-end yoga mat, a yoga bag, and a duffle bag, all of which will be available for purchase in early 2022.

“As a premium athletic brand, having innovative and proprietary fabrics and other materials that help guests feel their best to perform their best is something we’re proud of. Sustainable innovation will continue to play a key role in the future of retail and product; and for us, leveraging a material like Mylo demonstrates our commitment to creating a healthier environment through lower-impact products, while also giving us the ability to reimagine iconic pieces in our line through a sustainability lens,” commented Sun Choe, chief product officer at lululemon.
A founding member of the Mylo consortium, lululemon is now part of a group of global companies working hand in hand to offer new innovative materials that respect the planet. Stella McCartney recently presented its first Mylo garments, followed closely by adidas who unveiled its first “Stan Smith Mylo” which should be available soon.
This article was published via AFP Relaxnews.
The post Lululemon unveils the first yoga accessories made from mushrooms appeared first on Lifestyle Asia Hong Kong.

Responses

Your email address will not be published. Required fields are marked *

%d bloggers like this: