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Samsung’s AI-powered robot vacuum cleaner takes on China’s Roborock

Korea Economic Daily LogoKorea Economic Daily3h ago

Samsung’s AI-powered robot vacuum cleaner takes on China’s Roborock - Korea Economic Daily

Quick Summary:

According to industry data on Friday, Samsung ranked second in the domestic robot cleaner market with its market share reaching a mid-30% level as of August, only after China’s Beijing Roborock Technology Co., which commands a nearly 40% market share in Korea.

LG Electronics, which launched its latest vacuum cleaner Roboking AI All-in-One three months later than Samsung’s Bespoke AI Steam, said it expects its market share to rise in the coming quarters, buoyed by the new product.

Data showed the market share gap between Samsung and Beijing Roborock has narrowed from 30 percentage points in the first quarter to a mere three to four percentage points in the third quarter.


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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 20:07:26 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 405 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 23363674

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About Korea Economic Daily

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Main Topics: Economy

Official Website: kedglobal.com

Update Frequency: 12 posts per day

Year Established: 1964

Headquarters: South Korea

News Last Updated: 5 hours ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #91

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