Your browser is not Javascript enable or you have turn it off. We recommend you to activate for better security reason<div class="billede"><img src="pictures/mini-lglastplasma.jpg" alt="LG to exit plasma TV market"></div>LG to exit the plasma TV business soon - FlatpanelsHD

LG to exit plasma TV market
LG to exit the plasma TV business soon

29 Aug 2014 | Rasmus Larsen |

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.

LG is getting out, too

Panasonic produced its last plasma TV late last year and Samsung will cease production of plasma TVs by end-November.

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.

One of LG’s last plasma TVs

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.

- ”We are internally conducting a study on when we should suspend the PDP business,” said Ha Hyun-hwoi from LG's home entertainment division to Yonhap News. "We will make an official announcement on the issue in the future.”

LG will continue to produce LCD panels and is aggressively ramping up production of OLED panels as the next big display technology.

- Source: Yonhap

Latest news

The resolution gap

The resolution gap

13 Sep 2019 | Yoeri Geutskens |
Hisense IFA 2019

Hisense shows off 8K, 21:9 display, 'Arc' TV, more dual-layer LCD TVs

13 Sep 2019 | Rasmus Larsen |
See on Apple TV+

Apple details 4K, Dolby Vision & Atmos support for Apple TV+

12 Sep 2019 | Rasmus Larsen |
Sharp Android TV

Sharp announces its first Android TVs for Europe

12 Sep 2019 | Rasmus Larsen |
Philips 8K OLED

Philips shows off 8K OLED TV

11 Sep 2019 | Rasmus Larsen |
Roku soundbar

Roku adds soundbar & subwoofer to its line-up

11 Sep 2019 | Rasmus Larsen |
Apple TV+

Apple TV+ launches November 1 for $5/month

10 Sep 2019 | Rasmus Larsen |
Apple Arcade

Apple Arcade launches September 19 for $5/month

10 Sep 2019 | Rasmus Larsen |