Latin America Consumer Electronics Industry Overview
Some of the leading players in the market are investing heavily in research and development activities to a better position in current electronic technologies and processes to increase efficiency and lower costs. The Consumer Electronics Industry is significantly competitive due to the presence of numerous established players engaging in various marketing strategies to increase their market shares, such as WEG, Dell Inc., Hitachi, LG Electronics, Philips, Samsung Electronics, Sony, and Toshiba.
- September 2021 - SEMP TCL, a joint venture electronics company based in Brazil, has partnered with Roku. TCL extended its global partnership with the company as part of the agreement to launch TCL Roku TV models in Brazil. It also intended to launch a new lineup of SEMP Roku TV models in the country.
- March 2021 - Nokia and WEG Brazil have launched an Industry 4.0 project that includes 5G standalone corporate wireless. WEG/V2COM Open Lab is run in collaboration with the Brazilian Agency for Industrial Development (ABDI) and the Telecommunications Regulatory Agency (Anatel). The pioneering project will use Nokia DAC to validate the quality and economic value of the partnership's solutions.
Latin America Consumer Electronics Market Leaders
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Samsung Electronics Co., Ltd
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Dell Inc.
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Acer Inc.
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Electrolux AB
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LG Corporation
- *Disclaimer: Major Players sorted in no particular order
