Samsung tops global soundbar market for 10th consecutive year

The company held its ground as the soundbar leader with a 20.3% market share and an 18.8% sales volume in 2023

Samsung tops global soundbar market for 10th consecutive year
Chae-Yeon Kim 1
2024-03-18 17:43:51 why29@hankyung.com
Electronics

Samsung Electronics Co. has held its ground as the leader in the global soundbar market for ten consecutive years, from 2014 through 2023, according to the annual report from FutureSource Consulting. 

The company announced on Monday that it topped the global soundbar market with a 20.3% market share and an 18.8% contribution to the industry’s sales volume in 2023.

This standard of excellence has been recognized by industry experts and reviewers, with T3 awarding the HW-Q990C “Best Soundbar” title for its immersive audio and “exceptional object-based sonics,” and HomeTheaterReview giving the soundbar an “Editor’s Choice” distinction and commenting: “It sounds excellent, regardless of what type of content you send its way.”

Samsung Electronics plans to boost its global soundbar market strategy by introducing new products with AI-based audio technology and improved connectivity through various scenarios this year.

Write to Chae-Yeon Kim at why29@hankyung.com
#Samsung Electronics #soundbars #HW-Q990D #Futuresource #global soundbar market #Q-Symphony

Samsung Electronics to hire big for AI R&D careers

Samsung Electronics to hire big for AI R&D careers

Samsung Electronics Co. is ramping up its recruitment of experienced professionals across its Device eXperience (DX) and Device Solution (DS) divisions to bolster AI technology research and development. According to the electronics industry on Wednesday, Samsung Electronics announced that it

Samsung Electronics to up AI chip foundry sales to 50% by 2028

Samsung Electronics to up AI chip foundry sales to 50% by 2028

Employees at Samsung Foundry Business and Semiconductor R&D Center pose for a photo, celebrating Samsung's first-ever production of the 3 nm process with GAA architecture (Courtesy of Samsung Electronics) Samsung Electronics Co. plans to up artificial intelligence chip foundry sales to abou

Samsung Electronics hosts AI Forum 2023

Samsung Electronics hosts AI Forum 2023

Kyung Kye Hyun, head of Samsung Electronics Device Solutions Division, delivers an online opening speech at the Samsung AI Forum 2023 on Nov. 7 (Courtesy of Samsung Electronics) Samsung Electronics Co. held on Tuesday the Samsung AI Forum 2023 with the theme of "Super AI for a Better Tomorrow"

Samsung Electronics gets favorable ruling against Netlist in US

Samsung Electronics gets favorable ruling against Netlist in US

The US appeals court has reversed a California federal judge’s ruling against Samsung Electronics Co. in its legal fight over memory chip patents with Netlist Inc., raising expectations that the South Korean memory giant would earn favorable orders in similar legal battles.The US Court o

Samsung Electronics’ narrowed Q3 chip losses fuel more bullish outlook

Samsung Electronics’ narrowed Q3 chip losses fuel more bullish outlook

Samsung's chip plant in Hwaseong, Gyeonggi Province Samsung Electronics Co., the world’s largest maker of memory chips, smartphones and TVs, said on Wednesday it likely posted a 78% drop in its third-quarter operating profit from a year earlier, weighed by heavy losses from its chip bus
(* comment hide *}