Samsung Electronics (KRX:005930) retained its place in the TV market for the 19th straight year in 2024, capturing a 28.3% market share last year, the company said, citing data from market research firm Omdia.
The electronic product maker's continued dominance is led by its focus on premium, ultra-large, and AI-powered TVs, the release said.
The company captured a 49.6% global market share in the premium TV market, or TVs priced at $2,500 and above, and occupied a 28.7% global market share in the ultra-large category, or TVs of 75-inch and above.
Shares of Samsung Electronics rose more than 2% at market close on Thursday.