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

Disrupting Fintech: How product studios are transforming financial services

In the rapidly evolving financial technology landscape, innovative product studios are emerging as powerful catalysts…

1 day ago

Harnessing the power of AI: Preparing today’s workforce for tomorrow’s challenges

In an era defined by rapid technological advancement, Artificial Intelligence (AI) stands as a transformative…

1 day ago

Indian esports makes history at BRICS Esports Championship in Moscow

In a historic moment for Indian esports, Wasfi “YoshiKiller” Bilal secured a silver medal at…

2 days ago

Geek Appeal: New gadgets & apps on the block

The Tech Panda takes a look at recently launched gadgets & apps in the market.…

2 days ago

Ecosystem harkat: India’s Biotech & space tech, early stage tech startups & women entrepreneurs in blockchain

The Tech Panda takes a look at what’s buzzing in the startup ecosystem. The startup…

2 days ago

Harris vs. Trump: Forecasting Bitcoin’s Future in a Post-Election Economy

With just days until the outcome of the U.S. presidential race, Bitcoin enthusiasts across the…

3 days ago