South Korea Is About to Lose Global TV Leadership in Favor of China

During the 1980s and 1990s, perhaps even in the early 2000s, Japan was reigning in the TV market with brands like Sony, but little by little a neighboring country was eating toast based on innovation and good prices. That country was South Korea, the undisputed king of the TV market right now, but that throne is shaking. With growing pressure from Chinese brands, the television business of giants like LG and Samsung staggered, and in fact, China…