Home » Technology » Samsung » Samsung Remained at the Top for Making Highest Sales Revenues for Q1 2021

Samsung Remained at the Top for Making Highest Sales Revenues for Q1 2021

Samsung TVs remained at the top when the company made a huge sales revenue in Q1 od 2021. The company reported a revenue of 32.9% higher compared to the previous year’s quarter.

Samsung TVs Making the Highest Sales Revenue

Samsung has been the world’s top TV manufacturer since 2006. The company continued its journey and has yet again set a new record for Q1 of 2021.

According to a report, the company broke its own sales revenue records for January-March, topping 32.9% of the global TV market. According to Samsung, it’s the highest sales revenue in percentage terms recorded by the company in the first quarter of any given year.

Next in the line was LG. Though the company has exited the smartphone market, the company still plays a vital role in delivering high-quality TV sets. The company recorded a sales revenue of 19.2% in Q1 2021.

Third in the line was Sony with 8% of the market share.

It was also informed that Samsung was able to capture 46.6% of revenues from the premium TV market segment, which is characterized by smart TVs priced above $2,500. Here, LG followed Samsung and Sony with 24.5% and 17.6% of global revenues. We also heard that Samsung also led the 80-inch-or-larger TV segment with a market share of 52.4%.

Alexia Hope

Alexia is the author at Research Snipers covering all technology news including Google, Apple, Android, Xiaomi, Huawei, Samsung News, and More.