Breaking News, World News and Taiwan News.
 Samsung, LG to target China market 
A journalist looks at LG 3D televisions after a news briefing on 3D television technology by LG Display in Seoul, South Korea, on March 10. South Korea's two major electronics manufacturers said Wednesday, April 6, they will aggressively target the Chinese market this week by introducing this year's new line-up of 3D televisions and wireless gadgets at an expo in Shanghai, China. (AFP)

Enlarge Photo
Sponsors
Buy china wholesale products from reliable chinese wholesalers on DHgate.com!
Save 75% for all hotels in Shanghai, Beijing and whole China. Lowest rates for Flights in China.
Get the best deals for Guangzhou Hotels or choose from more than 10,000 hotels in 499 Chinese cities.
Find great real time deals on China Flights. Book flights to China or China domestic flights 24/7.
WSJA

Samsung, LG to target China market

SEOUL -- South Korea's two major electronics manufacturers said Wednesday they will aggressively target the Chinese market this week by introducing this year's new line-up of 3D televisions and wireless gadgets at an expo in Shanghai.

Samsung Electronics and LG Electronics both showcased a variety of gadgets — focusing on high-end smart TVs and smart phones — in separate events in China.

This move was taken as China has rapidly emerged as a big market for electronics makers, with the country's TV market recording a growth rate of 20 percent.

Samsung, the world's top TV maker, held a three-day event dubbed “2011 Samsung China Forum” at the expo center starting Wednesday.

Samsung featured its line-up of full high definition 3D smart TVs, smart phones, tablet PCs, home theater systems, camcorders, cameras, laptops, monitors and printers.

The firm plans on putting the focus on active shutter glass 3D technology, its smart hub that enables smart searches as well as its app store, according to company officials.

In a related effort, Samsung will offer smart TV contents in a joint effort with Chinese firms that include a media group, online portal and music content developer.

LG Electronics, the global No. 2 flat-screen TV maker, also held a two-day event to announce its new line-up in Shanghai on Wednesday.

With a core focus on top-tier 3D TVs, it unveiled 50 different products, ranging from 3D and smart TVs and smart phones to home appliances.

It presented six new TV models, including a 72-inch smart TV and one of the company's most promoted models, the Cinema 3D smart TV.

“With our first and best strategy, we plan to release the product of highest quality ahead of our competitor in the market,” said Cho Choong-bong, LG's China region representative.

Last year, Samsung and LG Electronics recorded a market share of 3.9 percent and 3.8 percent, respectively, in the Chinese market, following their Japanese rivals Sharp and Sony, which posted their stakes at 4.6 percent and 4.5 percent.

Chinese brands — Hisense, TCL, Skyworth, Changhong and Konka — took up more than 70 percent of the Chinese TV market last year.

Subscribe to The China Post and save 25%. Click here
Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   English Courses  |   Terms of Use  |   Sitemap
  chinapost search