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Video Home & Electronics Centre has been awarded by LG for the highest growth in television sales amongst the distributors from the Middle East.
The award was presented at the recent annual conference of LG in Korea with distributors from the Middle East to discuss business plans for the year 2017.
The team from Video Home was also given a tour of the R&D facility of LG and taken through the product roadmap for 2017 of new products that will be introduced in Qatar.
C V Rappai, director and CEO of Video Home & Electronic Centre said: “We are proud to receive this recognition, it is all the more special to us as this year we are also celebrating our 30 years of partnership with the LG Brand. Qatar is a rapidly growing market in the GCC and the premium television segment continues to show robust growth with demand for new technologies like OLED on the rise. This award also demonstrates the consumer confidence in LG televisions.
“LG introduced the OLED TV in Qatar last year which greatly helped increase the sales of televisions in Qatar. Coined as a revolutionary new technology, OLED allows televisions to display true black in a way other TV technologies sold today just cannot. With this incredible precision, OLED TVs can render crisp, nuanced images down to the most precise details. OLED’s deep black also serves as the perfect backdrop for rendering vibrant colours without light noise interfering with the picture.
“LG’s technological advancements in OLED technology is also promising with the potential it has created by expanding the market share in the premium TV market. According to latest reports, LG plans to triple its OLED TV sales while the company doubles its UHD TV global market share. Research firm IHS estimates that the size of the UHD TV market would expand by up to 150% by the end of 2016, while the OLED TV market volume would triple during this year.”
Video Home general manager Mohamed Anis, assistant general manager (finance) Uday Bhagat and divisional manager (LG TV) Rajesh Menon received the award from LG Gulf president Y G Choi. LG Gulf general manager J D Lee, TV Product head (Korea) S J Moon and LG TV Gulf sales manager Gulam Mahboob were present.
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