LG considering leaving the plasma industry?
The plasma death watch is on. Not only has Pioneer and Vizio cut out of plasma production, but LG's vice president Lee Gyu-hong has apparently stated his company is also considering its future in plasma--or lack thereof. It seems unlikely LG would turn back on a public statement like this, so given it's likely that'll be it for LG plasma's, that leave Panasonic and Hitachi as the only major players left in said market. How much longer do you give the plasma HDTV?
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Posted by Justin Davey at February 26, 2009 1:07 PM
Hiya,
I spoke with George Mead, Marketing Manager for digital display, LG UK about this, he said:
"We appreciate that the global market for Plasma TV's is undergoing some major changes which are, of course, being discussed at LG's global headquarters. However, LG Electronics UK has no intention to withdraw from the Plasma TV market. In fact, we have recently implemented a bespoke strategy to promote and market Plasma TV’s here in the UK. The development of new technologies including our THX certification is a strong indication of the growth opportunities for Plasma TV's in the UK market."