Interesting findings and somewhat a reflection of what each geography value as part of their lifestyle.
South Korea's Samsung is the most valuable brand in eight Asian markets, according to a survey by Nikkei Research, topping competitors such as Apple, Sony and Panasonic. https://lnkd.in/gCwTd_7D
Global consumer electronic brands face challenges from disruptive Chinese brands. LG Electronics and Samsung Electronics have a pair of fast moving competitors. Hisense Group just announced it was number 1 in US market share measured by units and dollars for TV's larger that 85" and their success didn't stop there they were also number 1 in Japan and Australia. TCL will be the focus of the next post.
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The Q2 2024 premium TV shipment report highlights Samsung leading the market with a 33% share, followed by LG with 18%. Chinese brands—Hisense (17%), TCL (15%), and Xiaomi (5%)—collectively account for 37% of the market, surpassing LG’s share and trailing closely behind Samsung. This demonstrates how Chinese manufacturers are aggressively closing the gap with South Korean giants by leveraging competitive pricing, display innovations, and strategic market expansion. This development mirrors the earlier trajectory of Samsung and LG, who disrupted the dominance of Japanese brands like Toshiba and Sony through similar strategies. As Chinese brands increase their market presence, the premium TV segment is becoming increasingly competitive, pushing established players like Samsung and LG to innovate further to maintain their leadership. #TVMarket #Samsung #LG #Hisense #TCL #Xiaomi #PremiumTV #TechCompetition #Innovation #ConsumerElectronics #ChinaTech #SouthKoreaTech
12.12 is here!🚨 Ready to see how top brands like Xiaomi, TCL, and Philips are crushing their promos? Let’s dive into the best deals and what’s driving them!🔥 #LookatMagpie #EcommerceInsights #1212Promos #ElectronicBrands #CompetitiveAnalysis
Can Samsung Increase Its Brand Value With The Galaxy Ring? With each new release, Samsung Electronics aims to captivate consumers with innovative features and bolster its brand reputation. The latest addition to Samsung’s Galaxy lineup, the Galaxy Ring, raises the question: can this device elevate Samsung’s brand value even further? Swipe through the carousel below to find out. #brand #brandvalue #BrandValuer
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China’s Wingtech, supplier to Apple, Samsung, Xiaomi, and others, plans to sell its contract manufacturing business to Luxshare after being sanctioned by the US (Iris Deng/South China Morning Post)
China’s Xiaomi Corp, opens new tab on Wednesday reported higher-than-expected revenue for the second quarter, revealing for the first time its auto business unit’s contribution of 6.2 billion yuan ($869.2 million). Read more: https://lnkd.in/gCJhGUAw #xiaomi #businessnews #businesspost #businesshubs #businessgrowth #businessinsights #industryinsights #businessbrillianz
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#Amazfit Q3 2024 Earnings Highlights: ⌚ Revenue declined by 48% YoY in Q3 2023 reaching $42.5Mn from $82.5Mn. ⌚ Gross margins reached 41% for the quarter, the highest ever, owing to increasing contribution of self-branded devices at 96%. ⌚ Overall shipments declined by 75% to 0.7Mn, with 0.5Mn contribution from Amazfit brand and remaining from Xiaomi. ⌚ For the coming quarter, revenue expectation stands between $55 to $70 mn. While revenues and shipments decline year over year, the quarterly picture looks better, with consistent growth in revenues and gross margin. The newly launched products continue to do well too.
#Amazfit Q3 2024 Earnings Highlights: ⌚ Revenue declined by 48% YoY in Q3 2023 reaching $42.5Mn from $82.5Mn. ⌚ Gross margins reached 41% for the quarter, the highest ever, owing to increasing contribution of self-branded devices at 96%. ⌚ Overall shipments declined by 75% to 0.7Mn, with 0.5Mn contribution from Amazfit brand and remaining from Xiaomi. ⌚ For the coming quarter, revenue expectation stands between $55 to $70 mn. While revenues and shipments decline year over year, the quarterly picture looks better, with consistent growth in revenues and gross margin. The newly launched products continue to do well too.
#Amazfit Q3 2024 Earnings Highlights: ⌚ Revenue declined by 48% YoY in Q3 2023 reaching $42.5Mn from $82.5Mn. ⌚ Gross margins reached 41% for the quarter, the highest ever, owing to increasing contribution of self-branded devices at 96%. ⌚ Overall shipments declined by 75% to 0.7Mn, with 0.5Mn contribution from Amazfit brand and remaining from Xiaomi. ⌚ For the coming quarter, revenue expectation stands between $55 to $70 mn. While revenues and shipments decline year over year, the quarterly picture looks better, with consistent growth in revenues and gross margin. The newly launched products continue to do well too.
When Apple launched its first store in Malaysia, Samsung made a bold move— They snapped up every nearby ad space, even securing the naming rights to the closest subway station. https://lnkd.in/gC6iATXa What’s your take: Brilliant strategy or too much? Here’s my perspective: This move reflects pure HUSTLE, and that's something to admire. Samsung’s message is clear: “Whatever Apple does, we’ll do it bigger—anywhere, anytime.” Now, not everyone can—or should—go that hard. But the drive behind it? That’s what counts. The best brands understand that no advantage is permanent. If you’re not pursuing your customers, someone else will. So yeah, maybe they went a little over the top—but isn’t that better than playing it safe? Ask yourself: "Where am I getting comfortable?" Then, go after it with that same restless energy. #MarketingStrategy #BrandCompetition #BoldMoves #SamsungVsApple #Advertising #BrandHustle #Innovation #CustomerEngagement #LeadershipMindset #RestlessEnergy #BusinessStrategy #MarketingTactics