Chinese television makers TCL Technology (SHE:000100) and Hisense Visual Technology's (SHA:600060) global shipments beat South Korea's Samsung (KRX:005930) and LG (KRX:003550) for the first time in the fourth quarter of 2024, Yicai Global reported, citing research firm Omdia.
TCL and Hisense combined comprised 30% of the global TV shipment market during the period, compared with 26% for both Samsung and LG, the report said.
Samsung still was the top TV maker individually worldwide in Q4 even if its market share dropped to 16% and its shipment volume fell 2.4% during the period, the report said.
Hisense ranked second with a market share of 15.6% and TCL was third at 14.6%, Yicai said.
LG's market share slipped 9.8% while shipments slid 3.3%, Yicai reported.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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