Global TV shipments hit record high last quarter, report says


Samsung’s TV shipments rose sharply last quarter. | Image: Samsung

Global TV shipments hit a “historical high” in the third quarter of this year, according to a new report from TrendForce. 62.05 million units were shipped over the course of the quarter, a 12.9 percent increase over the same period last year, and 38.8 percent increase from the previous quarter. Both Samsung and LG, the two largest TV manufacturers, said today that they’re expecting profits to increase this quarter compared to last year.

TrendForce gave a couple of different factors for the historic high. It said that in North America, TV demand increased by 20 percent as people spent more time at home due to the pandemic. The quarterly spike also accounts for TV shipment that were delayed from the first half of the year, according to the…

Continue reading…

Read more