Sony: Invincible in the high-end TV market?

At Sony's 2017 Expo, the TV business received much attention with an OLED TV. At the meeting, they announced the global debut of A1. After the meeting, Takagi Ichiro, president of Sony Visual Products, and Xie Biao, president of the Consumer Electronics Business Unit of Sony China Co., Ltd., gave interviews on Sony TV ’s market share in China, Sony TV and the entertainment business.

Sony: Invincible in the high-end TV market?

Faced with competition from traditional home appliance companies such as TCL and Hisense and Internet TV brands such as Xiaomi and LeTV, Sony TV focused on the high-end market. China's home appliance market has passed the era of popularization, and now has entered an era of consumption upgrades, users will have more diverse needs.

Sony's product strategy will change in response to this change in demand. In the era of popular TV, users have rigid needs and will not pay too much attention to quality; but in the era of consumer upgrades, users pay more attention to quality. For Sony, the customer base is different from Xiaomi, LeTV and other brands, and Sony TV will firmly enter the mid-to-high-end market.

The change in product strategy has also brought a decline in overall market share, because now in the 40-inch to 55-inch market, mainly domestic brands and Internet brands, they have a unique price advantage in these specifications of the home appliance market . Sony's focus is on the large-screen market, with 55-inch and above, and the largest is 100-inch TV products.

Xie Biao

Sony: Invincible in the high-end TV market?

Xie Biao said that Sony currently has no rivals in the high-end large-screen market. He listed the data to support his claim. Sony has the largest market share in the 75-inch and 75-inch TV market, and the 100-inch TV is currently the rarest in the market. Again. Sony's 100-inch product Z9D became popular because of Wang Sicong's Weibo.

Sony Group President and CEO also expressed confidence in the TV business through video at the conference, which originated from Sony Electronics ’revenue growth in the Chinese market in 2016. Sony ’s third quarter financial report released in February this year showed that Sony Electronics in China Sales in the market have increased by 12.8%, and Sony ’s electronics business remains the core business of the Sony Group.

It is worth mentioning that the minimum price of Sony's first announced OLED TV product A1 this time is only 24999 yuan. Many Sony fans who visited said that the price of this product was beyond their expectations. They originally expected the price It is above 40,000 yuan. Wang Sicong's red-hot effect combined with unexpected prices, the market performance of this OLED TV can be expected.

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