Samsung Tops U.S. Home Appliances Market for Sixth Consecutive Quarter | Be Korea-savvy

Samsung Tops U.S. Home Appliances Market for Sixth Consecutive Quarter


Samsung Electronics Co. remained as the leading player in the U.S. home appliances market in the July-September period, ranking No. 1 for the sixth consecutive quarter. (Image: Yonhap)

Samsung Electronics Co. remained as the leading player in the U.S. home appliances market in the July-September period, ranking No. 1 for the sixth consecutive quarter. (Image: Yonhap)

SEOUL, Oct. 30 (Korea Bizwire)Samsung Electronics Co. remained as the leading player in the U.S. home appliances market in the July-September period, ranking No. 1 for the sixth consecutive quarter.

Citing the data compiled by industry tracker Traqline, Samsung Electronics said it accounted for 19.3 percent of the U.S. market in the third quarter in terms of sales. It accounted for 18.9 percent of the market for the January-September period.

The third-quarter performance marks an increase from 16.8 percent posted a year earlier, Samsung added. The South Korean tech giant’s market share came to 17.3 percent for all of 2016.

Samsung said its refrigerators and washers continued to expand their presence in the United States. The company said its refrigerators posted a market share of 22.1 percent in the third quarter on the premium models.

Samsung’s washers also took up 20 percent of the U.S. market helped by the popularity of FlexWash products, standing as the No. 1 player in the segment for the fifth consecutive session.

The company’s washers currently face a major challenge in the U.S. market as Whirlpool Corp. demands Washington slap strong tariffs on South Korean washers, claiming such foreign-made products hurt the local industry.

 

(Yonhap)

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