[color=rgb(0,0,0);font-family:Verdana, Geneva, sans-serif;font-size:11px]This hardly comes as a surprise after Panasonic and Samsung made similar decisions, but LG has confirmed to Korean media that the company will get out of the plasma TV business in the near future.[/color]
LG IS GETTING OUT, TOO [color=rgb(0,0,0);font-family:Verdana, Geneva, sans-serif;font-size:11px]Panasonic produced its last plasma TV late last year and Samsung will cease production of plasma TVs [/color]by end-November[color=rgb(0,0,0);font-family:Verdana, Geneva, sans-serif;font-size:11px].[/color]
[color=rgb(0,0,0);font-family:Verdana, Geneva, sans-serif;font-size:11px]Demand for plasma TVs has been waning as LCD TVs have become cheaper, better and thinner. DisplaySearch previously estimated that only 5 million plasma TVs will be sold in 2015, down from over 10 million in 2013. LG’s exit will most likely change that outlook.[/color]
[color=rgb(0,0,0);font-family:Verdana, Geneva, sans-serif;font-size:11px]LG is the last of the big-name brands to pull the plug on plasma TVs. That leaves China’s Changhong as the last plasma panel maker in the local market of China.[/color]
[color=rgb(0,0,0);font-family:Verdana, Geneva, sans-serif;font-size:11px]- [/color]”We are internally conducting a study on when we should suspend the PDP business,”[color=rgb(0,0,0);font-family:Verdana, Geneva, sans-serif;font-size:11px] said Ha Hyun-hwoi from LG's home entertainment division to Yonhap News. [/color]"We will make an official announcement on the issue in the future.”
[color=rgb(0,0,0);font-family:Verdana, Geneva, sans-serif;font-size:11px]LG will continue to produce LCD panels and is aggressively ramping up production of OLED panels as the next big display technology.[/color]
[color=rgb(0,0,0);font-family:Verdana, Geneva, sans-serif;font-size:11px]- [/color]Source: Yonhap
LG IS GETTING OUT, TOO [color=rgb(0,0,0);font-family:Verdana, Geneva, sans-serif;font-size:11px]Panasonic produced its last plasma TV late last year and Samsung will cease production of plasma TVs [/color]by end-November[color=rgb(0,0,0);font-family:Verdana, Geneva, sans-serif;font-size:11px].[/color]
[color=rgb(0,0,0);font-family:Verdana, Geneva, sans-serif;font-size:11px]Demand for plasma TVs has been waning as LCD TVs have become cheaper, better and thinner. DisplaySearch previously estimated that only 5 million plasma TVs will be sold in 2015, down from over 10 million in 2013. LG’s exit will most likely change that outlook.[/color]
[color=rgb(0,0,0);font-family:Verdana, Geneva, sans-serif;font-size:11px]LG is the last of the big-name brands to pull the plug on plasma TVs. That leaves China’s Changhong as the last plasma panel maker in the local market of China.[/color] [color=rgb(0,0,0);font-family:Verdana, Geneva, sans-serif;font-size:11px]- [/color]”We are internally conducting a study on when we should suspend the PDP business,”[color=rgb(0,0,0);font-family:Verdana, Geneva, sans-serif;font-size:11px] said Ha Hyun-hwoi from LG's home entertainment division to Yonhap News. [/color]"We will make an official announcement on the issue in the future.”
[color=rgb(0,0,0);font-family:Verdana, Geneva, sans-serif;font-size:11px]LG will continue to produce LCD panels and is aggressively ramping up production of OLED panels as the next big display technology.[/color]
[color=rgb(0,0,0);font-family:Verdana, Geneva, sans-serif;font-size:11px]- [/color]Source: Yonhap
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