TCL Overtakes LG in Premium TV Shipments
2025-03-05
TCL has surpassed LG to become the world's second-largest premium TV vendor in Q4 2024, according to Counterpoint Research. TCL's premium TV shipments more than doubled year-on-year, capturing a 20% market share, exceeding LG's 19%. While Samsung remains the leader, TCL's impressive growth, along with that of Hisense, signals a significant shift in the global TV market. Despite strong premium TV growth, the overall TV market saw slower growth, and new tariffs on Mexican-produced TVs could impact the industry.