The Chhattisgarh

Tag: LG Electronics

  • Samsung Retains Top Spot In Global TV Market For 18 Straight Years |

    New Delhi: Samsung Electronics said on Monday that it has retained its position as the top player in the global television market for the 18th consecutive year. The South Korean tech giant took up 30.1 percent of the world TV market in terms of revenue last year, remaining at the top since 2006, according to Samsung Electronics, citing the market research firm Omdia.

    Its flagship QLED TVs have contributed to the company’s strong performance, with sales reaching 8.31 million units last year, reports Yonhap news agency. Since the introduction of QLED technology in 2017, Samsung Electronics has cumulatively sold 44 million units. (Also Read: Air India And Tata Advanced Systems Set To Invest Rs 2,300 Crore In Karnataka)

    In the premium segment for TVs valued at $2,500 or higher, Samsung had a share of 60.5 percent in 2023, up from 48.3 percent the previous year. The company also maintained a strong presence in the market for large TVs, posting a market share of 33.9 percent last year, driven by robust sales of the company’s largest Neo QLED, its 98-inch model. (Also Read: Government Official States No Plans To Reduce Import Duty On Rubber)

    In the OLED TV segment, Samsung Electronics accounted for 22.4 percent of the global market in terms of revenue last year, with sales exceeding 2 million units over the past two years. Meanwhile, LG Electronics Co. said it has maintained its leadership position in the global OLED TV market for 11 years in a row.

    The South Korean home appliances maker shipped around 3 million units of OLED TVs last year, accounting for 53 percent of the world’s total shipments. In the large-sized OLED TV segment, in particular, LG Electronics posted a market share of 60 percent last year on rising popularity of wireless 97-, 83- and 77-inch models in North America and Europe.

  • LG’s New Robot Can Watch Your Pets And Take Care Of Your Home When You’re Away |

    New Delhi: LG Electronics is set to introduce a new smart home assistant at the upcoming CES 2024. This advanced assistant, designed as a robot with wheels and legs, employs artificial intelligence (AI) to enhance home management.

    Functioning as a mobile helper, the smart home assistant can autonomously navigate your home, engaging in conversations and displaying emotions through its leg movements. (Also Read: Premium Smartphones Launched In 2023: Check)

    Its intelligence extends to understanding spoken language, recognizing images, and comprehending contextual meanings, allowing it to communicate in a manner resembling human interaction. (Also Read: Bank To Remain Closed On January 1, 2024? Check List Of Bank Holidays)

    Serving as a central hub for smart home control, the assistant can seamlessly connect and manage various smart appliances and devices. Powered by a robust system from Qualcomm Technologies, Inc., it boasts facial and user recognition capabilities through its camera and sensors, ensuring home safety and monitoring environmental factors like temperature and air quality.

    A notable feature is its ability to oversee pets and enhance home security. When homeowners are away, the assistant can check for open windows, turn off unused appliances, and even keep an eye on pets. Through remote monitoring, it provides updates on pet activities and alerts users to any unusual events.

    In terms of energy efficiency, the assistant actively contributes by identifying and turning off unused devices. Upon the homeowner’s return, it can create a welcoming atmosphere, gauge the individual’s mood, and perform tasks like playing music or providing relevant information, such as weather updates or reminders.

    LG envisions this smart home assistant simplifying daily life by efficiently managing household tasks. Lyu Jae-cheol, president of LG Electronics Home Appliance & Air Solution Company, expresses the company’s aim to establish a prominent presence in the market for smart home devices.