The Korea Herald

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[Graphic News] Samsung, LG among top 5 players in Europe’s smart home market in Q4

By Nam Kyung-don

Published : April 23, 2021 - 10:01

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South Korea’s two major electronics firms - Samsung Electronics and LG Electronics - were among the top five players in the European smart home market in the fourth quarter of last year, a report showed, as they push to increase connected devices amid the pandemic-induced stay-at-home trend.

Samsung was the third-largest vendor of smart home devices, including smart TVs, smart speakers, thermostats and home security products, in Europe after shipping 4.91 million units in the October-December period, down 2.4 percent from a year earlier, according to market tracker International Data.

Its market share was 11.9 percent, down from 13.7 percent a year ago.

LG took the fourth spot after shipping 4.33 million units in the fourth quarter, up 7.6 percent from a year earlier, with a market share of 10.5 percent, down from 10.9 percent a year ago. (Yonhap)