Categories: Tech & Society

Samsung Dominating Consumer Households, Selling Three TVs Every Second

Technology giant Samsung revealed at an event in Monaco that it  now sells three television sets every second.

Shocking right? Three television sets every second means 180 per minute; 10,800 per hour; 259,200 per day or, roughly, 7.78 million every month.

“Three Samsung TVs are sold every second,” said BK Yoon, President of Samsung. “And in 2012 we made $184 billion in sales. We invest $9 billion every year in research and development to develop the next big products.”

The last couple of CES shows in Las Vegas have pushed 4k television sets – a new display resolution with an even greater pixel density than 1080p – but without the content to take advantage of it, or even the bandwidth infrastructure to support it, a widespread switchover still seems a little far off for now.

Generally, the common man’s perception is that HDTV sales are low and it still is taking a bit of time for consumers to shift from basic TV sets to HDTVs. But if Mr. BK Yoon is right, Samsung is doing a great job.

What would be really interesting though is to find out the breakdown of exactly what types of television sets are flying off the shelves, the smaller 32 inch screens or the larger 60+ inch screens.

Image Credit: Engadget

Team TechPanda

View Comments

Recent Posts

The importance of AI-powered fact-checking & synthetic content detection

The digital world has reached a stage where information spreads faster than it can be…

1 day ago

Funding alert: Tech startups that raked in moolah this month

The Tech Panda takes a look at recent funding events in the tech ecosystem, seeking…

1 day ago

If Your Documentation Takes Two Clicks to Open, It’s Already Falling Behind

Over the years, I’ve worked on all kinds of projects—big, small, chaotic, overengineered, “temporary,” allegedly…

2 days ago

AI Launches: Enterprise software, ecommerce, cybersecurity & search

The Tech Panda takes a look at recent launches in the superfast field of Artificial…

2 days ago

AI-powered explosive detection: Helping authorities stay ahead of threats

With threats becoming more complex than ever, explosive risks are evolving rapidly, posing serious risks…

2 days ago

SIA-India pre-budget submission urges satellite backbone to empower 40,000 connectivity-fragile Gram Panchayats

SatCom Industry Association (SIA-India) has called for the launch of a National Satellite Connectivity Mission…

3 days ago