In this article, we will take a look at the top 5 most popular consumer electronics brands. If you want to see more brands in this selection, go to the Top 20 Most Popular Consumer Electronics Brands.
5. LG Group
Total Score: 50
TTM Revenue: $66.77 billion
LG Group is a multinational conglomerate that is involved in various industries and operates in the consumer electronics segment through its subsidiary LG Electronics. The division is known for its broad spectrum of consumer electronics products. This includes televisions, household appliances, smartphones, and audio systems. LG Electronics is currently pursuing patent protection for television that allows users to engage in the trading of non-fungible tokens (NFTs).
4. Panasonic Holdings Corporation (6752.T)
Total Score: 55
TTM Revenue: $57 billion
Panasonic Holdings Corporation (6752.T) is a notable name in the consumer electronics industry. From televisions and audio systems to cameras, domestic appliances, and personal care instruments, Panasonic excels in providing high-quality products. On May 11, Panasonic Holdings Corporation (6752.T) revealed that it anticipates achieving a record-high net profit this year due to strong sales of automotive batteries and a substantial tax credit received in the US.
3. Sony Group Corporation (NYSE:SONY)
Total Score: 65
TTM Revenue: $88.30 billion
Sony Group Corporation (NYSE:SONY) is one of the global leaders in the consumer electronics industry. On April 12, the company reported a record-breaking annual operating revenue. The sales during the year were driven by the company’s chip division and the popularity of its flagship gaming console. Sony Group Corporation (NYSE:SONY) exceeded its own projections by selling 19.1 million PlayStation 5 consoles during the financial year, surpassing its initial forecast of 18 million units.
Here’s what Aristotle Capital Management, LLC, said about Sony Group Corporation (NYSE:SONY) in its Q3 2022 investor letter:
“Sony Group Corporation (NYSE:SONY), the global provider of video games and consoles, image sensors, and music, as well as movies, was a major detractor for the period. The share price of the company has struggled this year following its strong performance in 2021. Signs of a slowdown in the gaming industry (as people seem inclined to take on outdoor activities as pandemic fears have subsided), combined with sales of its PlayStation 5 that have been held up by a global parts shortage, have led to gaming‐related software sales falling more than 20% year‐over‐year. Rather than focusing on short‐term demand dislocations, we focus on the company’s ability to continue migrating videogame users toward the firm’s subscription offerings, as well as its capacity to leverage content across its video, music and gaming platforms. We are also impressed with the expansion of Sony’s Music segment, which has been supported by the pervasiveness of streaming services. Management’s ongoing work to improve the company’s TV and film studios is bearing fruit as well, with sales growing 67% year‐over‐year for its Pictures segment as its regional strategy has taken hold, including recent progress made toward solidifying a merger plan with India‐based Zee Entertainment. All of this is to say we remain excited by the oligopolistic nature of the businesses Sony operates in, and the future prospects for the company given its leadership in image sensors, music publishing and gaming consoles.”
2. Apple Inc. (NASDAQ:AAPL)
Total Score: 66
TTM Revenue: $385.1 billion
Apple Inc. (NASDAQ:AAPL) is a Cupertino, California-based prominent consumer electronics firm that is widely recognized for its visionary products. Apple Inc.’s (NASDAQ:AAPL) products are known for their contemporary design, intuitive interfaces, and integration across different gadgets, making it one of the most popular consumer electronics brands.
Here’s what Madison Investments said about Apple Inc. (NASDAQ:AAPL) in its Q1 2023 investor letter:
“Our underweight to Apple Inc. (NASDAQ:AAPL) was a headwind to performance during the first quarter. Apple performed well in the first quarter along with the other large cap technology stocks following a weak 2022. Despite recent supply constraints and macro-economic uncertainty, demand for Apple products remains solid. First quarter iPhone sales would have been flat if not for the supply chain issues.”
1. Samsung Electronics Co., Ltd. (005930.KS)
Total Score: 67
TTM Revenue: $245.7 billion
Samsung Electronics Co., Ltd. (005930.KS) is a Suwon-si, South Korea-based electronics corporation. Samsung products have gained a strong reputation for quality and reliability, making them a proven choice for consumers worldwide. On May 17, it was reported that Japan is in the process of organizing subsidies, potentially valued at around $110 million, for Samsung Electronics Co (005930.KS). The subsidies are intended to support the development of the company’s chip facility near Tokyo.
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