Smart TV News

Recent industry report about Smart TV company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Smart TV Market industry experts.

Smart TV News

  • January 2021 - Hisense launched a new product line of laser TV, TriChroma Laser TV, using its cutting-edge display technology. The laser TV will control and package separate lasers to get purer colors for display. TriChroma will have 20% brightness enhancement at the pixel level with a 430-nit picture brightness. The new TV product line will be offered in various screen sizes, including 75-inch to 100-inch giant screens. The company also aims to provide its customers with customized solutions, home fitness screens, and various professional options for different industries.
  • August 2021 - Xiaomi launched Mi TV 5X series as a part of the Mi TV lineup in India. The MiTV 5X comes in multiple sizes, including 43-inch, 50-inch, and 55-inch with 4K resolution displays. It will also have various features, including HDR 10, Dolby Vision, adaptive brightness, Patchwall interface, and Google Assistant integration. The company is aiming to strengthen its presence in the region through such strategies.
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  • February 2024: Samsung Display presented robust foldable panels and introduced Flex Magic Pixel OLED technology, which collaborates with AI-enabled smart devices to enhance security measures. The artwork 'Mr. OLEDboy,' created by the esteemed London-based fashion illustrator Mr. Slowboy, imagines the future shaped by OLED technology.
  • January 2024: Apple announced the introduction of a new midrange iPhone model. According to a report, the forthcoming iPhone SE 4, which represents the fourth generation of the 'Special Edition' iPhone, is anticipated to include an OLED display produced by a Chinese manufacturer.
  • August 2023: Oriental Motor announced the release of the new electric gripper, the EH Series 3-Finger Type. This new 3-Finger Type electric gripper can gently grip irregularly shaped objects, such as spheres, cylinders, and human fingertips. It is equipped with an αSTEP AZ Series Motor, suitable for gripping cylinders, complex shapes, and sphere-shaped objects. It is compact and lightweight and available with an installation cover (gripper arms are not included).
  • July 2023: MOONS' Electric Co. Ltd inaugurated its manufacturing facility in the VSIP Industrial Park in Haiphong, Vietnam's third largest city. This state-of-the-art plant primarily produces stepper motors, wiring harnesses, and other supporting components. The successful commencement of operations at this facility represents a significant milestone in MOONS' endeavor to establish international manufacturing hubs. Such increasing developments are expected to drive the growth of the market.
  • February 2024: 3D Systems, a US-based manufacturer of 3D printers, has unveiled its latest offering: a multi-material 3D printed denture. This innovation is touted as the industry's inaugural solution for multi-material, jetted, and monolithic (one-piece) 3D-printed dentures. The NextDent Jet Denture Teeth from 3D Systems replicate the rigidity and aesthetics of natural teeth, while the NextDent Jet Denture Base is designed to absorb impact and boasts remarkable break resistance, ensuring comfort and flexibility.
  • February 2024: Quantica has teamed up with ImageXpert to deliver an advanced solution for material jetting. The collaboration, inked with ImageXpert—renowned for its robust machine-vision-based measurement systems—centers on several pivotal areas: First, enhancing Quantica’s NovoJet Printhead Technology to process new materials for both 2D and 3D manufacturing. Second, integrating Quantica’s JetPack with ImageXpert’s JetXpert systems. The JetPack is crucial for validating and optimizing new materials with NovoJet printheads, leveraging real-time drop shape, volume, and velocity analysis through the JetXpert Dropwatcher.
  • June 2024: Nikon SLM Solutions AG commenced the production of its NXG XII 600 metal Additive Manufacturing machine in the United States. The expansion of its manufacturing capabilities provides North American customers with a fully ‘American Made’ metal AM machine. The manufacturing unit has the ability to meet the increasing demand for its metal additive manufacturing solutions across key industries, including aerospace, defense, automotive, and energy.
  • June 2024: Ricoh USA Inc. announced the launch of its fully managed on-site 3D printing solution, RICOH All-In 3D Print. Designed to streamline the production of 3D-printed product prototypes and other additive manufacturing uses, this complete XaaS solution for additive manufacturing includes necessary components, such as printing hardware, advanced 3D production software, specialized Ricoh labor, and essential supplies to propel businesses’ manufacturing capabilities forward with the power of rapid prototyping.
  • April 2024: Meltio, a 3D printer manufacturer, and Accufacture, a Michigan-based industrial automation company, introduced the Alchemist 1, a new large-scale robotic DED 3D printing work cell made in the United States. Powered by Meltio’s laser metal deposition (LMD) 3D printing technology, Alchemist 1 is optimized for producing large-scale, fully dense metal parts. The robotic additive manufacturing work cell is also designed to be easily integrated into existing production lines.
  • April 2024: Kyocera AVX unveiled its latest offerings: the SNA Series and SNL Series of snap-in aluminum electrolytic capacitors. Both the SNA and SNL Series promise high reliability, high voltage, and impressive CV performance, ensuring longevity. Furthermore, these series are lead-free compatible and RoHS compliant and have a temperature rating from -25°C to +105°C. This makes them perfect for various commercial and industrial applications, such as frequency converters, solar inverters, power inverters, energy storage systems, and power supplies.
  • February 2024: Panasonic Industry Co. Ltd started the commercial production of its ZL series conductive polymer hybrid aluminum electrolytic capacitors. Notably, this series has the industry's pioneering high-capacitance models, confidently operating at a temperature of 135°C. Tailored for electronic control units (ECUs) in electric vehicles (commonly termed xEVs, encompassing all EV subtypes), these capacitors were expected to enter mass production in February 2024.
  • July 2024: Mettler Toledo introduced its latest offerings: the XPR Essential Analytical Balances and Microbalances. The XPR Essential Analytical Balances are engineered to provide swift and precise results. Their advanced load cell technology and innovative hanging weighing pan design ensure accurate measurements of small samples, effectively minimizing waste and optimizing costs. In tandem with these launches, Mettler Toledo is enhancing its XPR Analytical and Automatic Balance portfolio with notable upgrades.
  • April 2024: Sartorius introduced its latest innovation: the Quintix Pro laboratory balance. This cutting-edge device redefines standard laboratory weighing. Tailored for the dynamic needs of contemporary labs, the Quintix Pro stands out in usability, flexibility, and sustainability. Leveraging advanced engineering and top-tier features, it promises an unparalleled user experience. Its 7-inch, high-resolution, full-touch graphic display simplifies menu navigation and boosts productivity. Additionally, the series boasts an automated motorized leveling system, streamlining daily tasks and ensuring precise results every time.
  • February 2024: Tactile Technologies, a prominent provider of touch, auto-ID, and payment solutions, has announced a partnership with Unitech, a renowned leader in AIDC technologies. This collaboration is a major achievement for both companies as they strive to deliver cutting-edge solutions and exceptional service to customers in South Africa. Tactile Technologies provides personalized service and customized solutions through in-house repairs and support.
  • January 2024: NEC, a leading biometrics developer and electronics company, has introduced a new facial recognition product that is able to gather vital signs from individuals simply by scanning their faces. NEC is currently concentrating on multimodal biometric authentication, which integrates face recognition and iris recognition for increased precision. According to Himaoka, the company is optimistic that facial recognition technology will extend beyond just access control applications to include usage in stores, transportation, and online identity verification.
  • June 2024: Nureva Inc., a pioneer in advanced audio conferencing solutions, has received certification for its HDL310 and HDL410 systems as professional audio devices tailored for larger Zoom Rooms. Being USB devices, the HDL pro series systems seamlessly integrate into the design of any larger Zoom-enabled environment, be it classrooms, boardrooms, or training spaces. These systems feature one or two wall-mounted microphones and speaker bars paired with a compact connect module.
  • January 2024: Google announced that Microsoft Teams is coming to Android Auto. Android Auto, an app that enables Android phones to connect to a car’s built-in system, was anticipated to introduce Microsoft’s communication and collaboration platform in February 2024.
  • March 2024: Cisco introduced the Cisco Desk Phone 9800 Series, which aims to provide seamless and personalized collaboration experiences that are adaptable for both on-prem and cloud calling platforms. Moreover, it enhances every desk with enterprise calling features, including premium audio and AI-driven noise removal.
  • June 2024: Johnson & Johnson announced the acquisition of Proteologix Inc., a privately-held biotechnology company focused on bispecific antibodies for immune-mediated diseases, for USD 850 million. Beyond PX-128 and PX-130, this acquisition will provide Johnson & Johnson with eight other bispecific antibody programs with applications across various other diseases, further boosting the Company’s capabilities to create novel bispecific programs.
  • May 2024: Merck announced the acquisition of Eyebiotech Limited, a privately held ophthalmology-focused biotechnology company. Under the terms of the agreement, the company, through its subsidiary, will acquire all shares of EyeBio for up to USD 3 billion, including an upfront payment of USD 1.3 billion in cash and a further potential USD 1.7 billion in developmental, regulatory, and commercial milestone payments.
  • January 2024: GNT partnered with Plume Biotechnology, a UK-based startup focused on fermentation science and bioprocessing for natural colors, to develop a new plant-based Exberry color for food and beverages using fermentation. The partnership will enable GNT to expand its plant-based Exberry options.
  • March 2024: Toro Aluminum Group of Companies used fixed UHF RFID readers and antennas from FEIG ELECTRONIC to track and localize aluminum windows from production through shipment and delivery. The readers and antennas from FEIG ELECTRONIC are an integral part of the RFID system provided by RFID Canada.
  • March 2024: Surgere released the first of its new Apex Series readers to help companies deploy a high-performance RFID solution across its dock doors or conveyors in volume. The readers, built in partnership with RF Controls, are designed to be easily mounted overhead and accomplish a nearly 100% read rate.

Smart TV Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)