LG to Stop Plasma TV Production by November



LG Plasma TV

South Korea’s LG Electronics Inc mentioned on Tuesday that it is going to finish the manufacturing of plasma display televisions via end-November with the intention to focal point its efforts on liquid crystal show and OLED televisions.

LG Electronics stated in a regulatory filing the decision displays a decline well known for plasma televisions. The move was broadly expected as liquid crystal display TVs have transform the mainstay product in the world market

LG to Stop Plasma TV Production by November-End


Samsung SDI Co Ltd, sister company of LG’s tv rival Samsung Electronics Co Ltd, also mentioned in July that it is going to shut down its plasma panel production industry through November 30 as a result of the decline in general demand.