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 marketLG to exit the plasma TV business soon">

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

EU energy label 2021

New, stricter EU energy labels for TVs specify SDR & HDR consumption

01 Mar 2021 | Rasmus Larsen |
Sony A90J OLED

Sony's 2021 flagship OLED A90J starts at $3000 / €2600 / £2700

01 Mar 2021 | Rasmus Larsen |
Kodi 19

Kodi 19 released with support for tvOS (Apple TV), AV1, Dolby Vision, more

26 Feb 2021 | Rasmus Larsen |
IMDb TV for Android TV

Amazon Music and IMDb TV now available on Android TV, Google TV

26 Feb 2021 | Rasmus Larsen |
Google TV - Basic TV

Google TV can be set up as a 'Dumb TV'

25 Feb 2021 | Rasmus Larsen |

Paramount+ launches March 4 with series & movies in up to 4K Dolby Vision

25 Feb 2021 | Rasmus Larsen |
Amazon Luna

Amazon Luna game streaming is now in open beta on FireTV

24 Feb 2021 | Rasmus Larsen |
Samsung TVs

Samsung tops global TV market for 15th consecutive year

24 Feb 2021 | Rasmus Larsen |