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    A005930   KR7005930003

SAMSUNG ELECTRONICS CO., LTD.

(A005930)
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Samsung Electronics : The Terrace TV Receives Industry-First Outdoor Visibility Verification From UL

06/16/2021 | 09:14am EDT

Samsung Electronics today announced that all models1 of The Terrace TV, the premium product line designed for outdoor lifestyles, have become the first in the TV industry to be verified for outdoor visibility performance.

This verification comes from U.S.-based Underwriters Laboratories (UL), a global independent safety science organization with over a century of experience in driving safety solution innovation.

In normal outdoor settings, consumers must find means to block sunlight to gain appropriate visibility, which has been a major issue across relevant product categories. To receive this verification, a product must undergo several rounds of rigorous testing, in which peak brightness of over 3,000 ~ 4,000 nits,2 a higher contrast ratio of over 1,000:1, and color volume greater than 80 percent should be altogether achieved under over 10,000 LUX condition. The Terrace TV has displayed outstanding performance in these three key areas so viewers can enjoy clear, vivid images even in bright outdoors.

It also features Samsung's premium QLED display, anti-reflection technology which reduces light reflection from its surface, as well as AI picture quality optimization technology for automatic brightness adjustment.

In addition to Samsung's OH551, an outdoor signage product which uses the same outdoor visibility technologies as The Terrace, also received visibility verification.

Samsung also recognizes the importance of weather resistance against rain and dust for outdoor TV set models. The company obtained IP55 water and dust resistance standard certification from International Electrotechnical Commission (IEC), which together with the latest UL verification will play a pivotal role in fortifying Samsung's efforts to provide an optimal viewing experience in various outdoor conditions.

'UL's outdoor visibility verification for The Terrace will enable consumers across the globe to further add values to their viewing experiences,' said Yong Hoon Choi, Executive Vice President of Visual Display Business at Samsung Electronics. 'As a leader in the TV industry, Samsung will continue to drive innovative technologies that are optimized for new and emerging lifestyles.'

1 LST9 65- and 75-inch, LST7 55-, 65- and 75-inch

2 Brightness of LTS7: 4,000 nits, Brightness of LTS9: 3,000nits.

(C) 2021 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2021 273 484 B 237 B 237 B
Net income 2021 38 735 B 33,6 B 33,6 B
Net cash 2021 110 841 B 96,2 B 96,2 B
P/E ratio 2021 13,1x
Yield 2021 2,14%
Capitalization 527 958 B 458 B 458 B
EV / Sales 2021 1,53x
EV / Sales 2022 1,31x
Nbr of Employees -
Free-Float 82,7%
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Samsung Electronics Co., Ltd. Technical Analysis Chart | A005930 | KR7005930003 | MarketScreener
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 38
Last Close Price 78 500,00 KRW
Average target price 104 078,95 KRW
Spread / Average Target 32,6%
EPS Revisions
Managers and Directors
Hyun-Suk Kim Co-President, Co-CEO & Director
Dongjin Koh Co-President, Co-CEO & Director
Kinam Kim President, Co-CEO & Director
Tae Moon Roh Co-President & Head-Research & Development
Hee-Chan Roh Chief Financial Officer
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