LG Studying When to Withdraw From Plasma

At a media briefing in Seoul recently, LG has confirmed that it will leave the plasma TV market ‘in the near future’ – following Samsung’s exit earlier this year (Display Monitor Vol 21 No 27).

Ha Hyun-hwoi, president of LG Electronics’ home entertainment division, told Korean media that it was a case of when, not if, production will be suspended. An official announcement will be made in the future.

Display Daily Comments

After LG’s withdrawal, Changhong will be the sole plasma panel vendor in operation. (TA)