Global TV Shipment Reaches New High in 3Q 2020, Xiaomi and TCL as Top 5
According to the research institution TrendForce, Owing to a 20% increase in TV demand in North America, as well as the fact that TV brands had deferred their shipment schedules in 1H20 due to the COVID-19 pandemic, the effects of the third-quarter cyclical upturn were further compounded in the third quarter of 2020.
The global top five ranking remains the same as the previous periods with Samsung (005930:KR) topping the list. LGE and the Chinese TV manufacturer TCL (01070:HK) run a close race, taking the second and third place. Chinese vendors Hisense (000921:SZ) and the number one brand of the Chinese TV market Xiaomi (01810:HK) ranked the fourth and fifth in the global during the third quarter.
This text is a result of machine translation.
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