"Samsung remains, by most measures, the dominant force in television. Its own newsroom proudly notes that 2025 marked the company's twentieth consecutive year as the global TV market leader by revenue, with a 29.1 per cent share and a commanding 54.3 per cent of the premium segment for sets above $2,500."
"The official statement to Reuters that accompanied Lee's appointment, that the new leader is expected to bring 'a fresh perspective and the change needed,' is the kind of language Samsung tends to deploy when something has gone sideways."
Samsung Electronics has appointed Won-Jin Lee as the new head of its Visual Display business following a decline in TV profits. His predecessor, Yong Seok-woo, transitions to an advisory role focusing on AI and robotics. Despite Samsung's strong market position, with a significant share in the premium TV segment, recent reports indicate stagnating demand and rising costs have impacted profits. The appointment signals a necessary course correction for the company as it seeks to address these challenges and maintain its leadership in the television market.
Read at TNW | Samsung
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