BACKED BY A DECADE OF INNOVATION: LG RANKS FIRST IN GLOBAL OLED TV MARKET
SEOUL, South Korea, May 31, 2023 /PRNewswire/ -- LG has been recognized for its leadership and continuing dominance of the OLED TV market. Celebrating a decade of excellence and customer experience innovation this year, LG OLED remains the top choice in the premium TV segment through its unmatched contrast which enables perfect blacks and true-to-life colors, as well as its unprecedented flexibility and thinness.
- According to market research firm Omdia, LG topped the OLED TV market by a landslide in the first quarter of 2023, claiming approximately 60 percent of the market by total shipments.
- LG OLED TVs are currently sold in over 130 countries, making them the most widely available OLED TVs in the world.
- Last year, the accumulated total shipments of LG OLED TVs (since their initial launch in 2013) exceeded 15 million units; making LG the first OLED TV maker to reach this impressive milestone.
- However, LG OLED TV sales have remained strong, representing more than 30 percent of the company's total TV sales in the first quarter, 2023.