Data released by market research firm Omdia shows that by 2024, the combined shipments of Chinese TV brands Hisense, TCL, and Xiaomi will account for 31.3% of the global market, surpassing Samsung Electronics and LG Electronics' 28.4% for the first time. In terms of sales, although Samsung Electronics has ranked first in the global TV market for 19 consecutive years and LG Electronics has ranked first in the global OLED TV market for 12 consecutive years, the gap in China is narrowing.