articles Corporate /en/research-insights/articles/lg-electronics-leads-growth-as-tvs-get-ever-bigger-at-ces content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

LG Electronics Leads Growth as TVs Get Ever Bigger At CES

S&P Dow Jones Indices

Gold Breaks Out to a New All-Time High as the U.S. Dollar Drops

S&P Global

Daily Update: August 13, 2020

S&P Global Platts

Dakota Access Pipeline proponents cite risk of famine, floods, fires and fatalities: Fuel for Thought

S&P Global Platts

Canadian aluminum tariffs likely déjà vu moment for some


LG Electronics Leads Growth as TVs Get Ever Bigger At CES

The CES trade show has brought the latest crop of ever-larger, ever-more detailed televisions, CNET reports, with a rollable set from LG Electronics, “The Wall” and a rotating screen from Samsung Electronics and a more conventional 85-inch 8K model from Sony.

As TVs get bigger and more complex, the manufacturers also face tough decisions regarding their supply chains. That’s being driven in part by evolving trade policy between the U.S. and China. 

For example, Panjiva’s analysis shows that U.S. imports of TVs and monitors from China fell by 42.3% year over year in November as a result of list 4A tariffs. Those will remain in place through 2020 and potentially beyond even though the tariff rate will be cut to 7.5% from 15.0% once the phase 1 trade deal is put in place, as outlined in Panjiva’s research of Jan. 8.

TARIFFS TAKE A TOLL ON TELEVISIONS

Importers have instead switched to supplies from Mexico. Panjiva data for total U.S. imports from China show that shipments from Mexico climbed 17.5% year over year in the three months to Nov. 30 and now represent 49.7% of the total.

MEXICO TAKES OVER FROM CHINA AS LEADING U.S. TV SUPPLIER

The largest exporters from Mexico to all destinations in the 12 months to Nov. 30 were Samsung Electronics and LG Electronics with $4.09 billion shipped apiece. In third place was Sony with shipments worth $1.29 billion.

There was a surge in exports from LG of 27.8% year over year in November after a downturn in 3Q. Samsung had a more modest 3.6% growth after a slump in 3Q while Sony is the outlier with a protracted downturn which reached 24.4% in November.

LG, SAMSUNG CONTINUE TO SET A COURSE FOR TV GROWTH