IHS: strong demand for OLED TVs helped LG become the leading premium TV vendor in Europe

IHS Markit says that LG Electronics is the leading European premium TV (over $2,500 in cost) vendor, with a market share of 33.3% in revenues and 38.7% in sales in Q1 2019. LG's strong OLED TV sales helped it increase its market share up from 22.9% (revenues) in 2018.

Samsung is the second European TV maker, with a market share of 25.2% (down from 42% in 2018). Sony's market share increased to 25.5% (up from 21.5%). Together Sony, LG and Samsung took up 84.1% of the market.

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Posted: Aug 23,2019 by Ron Mertens