As the global demand for large-size TVs continues to rise, Samsung has launched a strategy to strengthen the dual business of QLED and MicroLED

According to reports, South Korean technology giant Samsung Electronics announced on Sunday (July 22) that as the global demand for large-size TVs continues to rise, the company will launch a "dual track" business strategy around QLED and MicroLED displays.

Samsung Electronics stated that the emergence of new TVs with smarter functions has enabled them to play a greater role in users' daily lives. The current global users have shown a growing demand for large-size TVs.

As the global demand for large-size TVs continues to rise, Samsung has launched a strategy to strengthen the dual business of QLED and MicroLED

Samsung 146-inch MicroLed TV THE WALL

Samsung Electronics cited data from industry research organization IHS Markit that large-size TVs of 75 inches and above accounted for 5% of global TV sales this year, a year-on-year growth rate of up to 80%.

"TVs around 50 inches were considered large-size TVs in the past, but now they are considered average," said Samsung Electronics. As far as the Korean market is concerned, sales of 60-inch models in 2018 are expected to exceed 50-inch products.

The South Korean technology giant claims that last year, the company accounted for 51% of the global large-size TV market of 75 inches and above. This year, its share in the large-size TV market has further expanded, reaching 58% in the first quarter of this year.

Samsung claims that it has more than 90% of the market for large-size TVs of 75 inches and above in South Korea.

"Based on the advantages of quantum dot technology, we plan to launch more models, including 75-inch, 82-inch and 88-inch models, and expand our share in the super-large TV market," Samsung Electronics said. The dual-track strategy of QLED TV and MicroLed display consolidates our leading position in the high-end market."

Unlike Samsung’s local partner LG Electronics in South Korea, which promotes OLED TVs, Samsung Electronics has been promoting its QLED TVs. Samsung also claims that it has made progress in the field of MicroLed displays. During the International Consumer Electronics Show (CES) held in Las Vegas in January this year, Samsung showed off a 146-inch MicroLed TV called "The Wall".

"The MicroLed screen has better performance in terms of durability and efficiency, including luminous efficiency, light source life and power consumption," Samsung said when showing this TV.

Samsung said that users can also customize the size and proportion of the screen through a design based on modules and bezels.

Samsung said that the company currently operates a MicroLed research laboratory at its Suwon City headquarters, and its TV manufacturing plant in Vietnam is preparing for full-scale production.

Samsung predicts that the global market size of MicroLed solutions in 2018 is about 14 million U.S. dollars and will reach 4.5 billion U.S. dollars by 2025. Considering the first-class resolution and energy efficiency of MicroLed display technology, this technology is expected to become the next-generation display. technology.

As the global demand for large-size TVs continues to rise, Samsung has launched a strategy to strengthen the dual business of QLED and MicroLED

Samsung QLED TV

While focusing on cultivating emerging MicroLed products, Samsung said that the company will also continue to expand its QLED TV business, launching more models to meet changing market demands.

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