Samsung Eyes INR 10,000 Crore Sales from TV Business
Samsung Eyes INR 10,000 Crore Sales from TV Business with the Launch of 2024 Neo QLED and OLED AI Televisions in India
- Samsung is India’s number 1 TV manufacturer, per research agency Omdia
- Samsung launched the 2024 range of New QLED 8K, 4K and OLED TVs starting at INR 139990
BENGALURU, India – May 3, 2024 –Samsung, India’s largest consumer electronics brand, is aiming to hit the INR 10,000 crore sales milestone for its television business in India, with the launch of its 2024 lineup of AI televisions. According to analysts, no television brand has achieved this significant milestone in India so far.
“With the launch of our new range of AI-powered 8K Neo QLEDs, 4K Neo QLEDs and OLED TVs, we are confident of driving our revenues and extending our market leadership
in India this year. In 2024, we are looking at achieving a milestone of INR 10000 crore in revenue from our TV business in India. Our Neo QLED 8K AI TVs promise an immersive viewing experience with lifelike picture quality and premium audio,” said Mohandeep Singh, Senior Vice President, Visual Display Business, Samsung India.
Citing data from research firm Omdia, Samsung said it is India’s number one television brand with 21% volume market share as of 2023. Samsung said it is the biggest TV brand in India for the last five years, according to Omdia.
The newly-launched Neo QLED 8K, Neo QLED 4K and glare-free OLED TVs come with transformative power of Artificial Intelligence (AI), helping improve consumers’ lifestyles, Samsung said. The new AI-powered Neo QLED 8K, Neo QLED 4K and OLED TVs redefine the home entertainment experience and offer new innovations across accessibility, sustainability and enhanced security with the power of AI.
Samsung’s new AI-powered televisions come with several AI features such as AI Picture Technology, AI Upscaling Pro and AI Motion Enhancer Pro. With the AI Energy Mode, consumers can save power without compromising picture quality.
Samsung Neo QLED 8K is available in two models, QN900D and QN800D, and in sizes of 65, 75, and 85 inches. The Neo QLED 4K is available in two models, QN85D and QN90D, and in sizes of 55, 65, 75, 85 and 98 inches. Samsung OLED TV will be available in two models — S95D and S90D — in sizes of 55, 65, 77 and 83 inches.
With the new Samsung televisions, users can have peace of mind as these televisions come with Samsung Knox that helps secure every feature, app, and platform.
- Samsung’s Neo QLED 8K range starts from INR 319990
- Samsung’s Neo QLED 4K range starts from INR 139990
- Samsung’s OLED range starts from INR 164990
About Samsung Electronics Co., Ltd.
Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, home appliances, network systems, and memory, system LSI, foundry and LED solutions, and delivering a seamless connected experience through its SmartThings ecosystem and open collaboration with partners. For latest news on Samsung India, please visit Samsung India Newsroom at http://news.samsung.com/in. For Hindi, log on to Samsung Newsroom Bharat at https://news.samsung.com/bharat. You can also follow us on Twitter @SamsungNewsIN.
