LG Announcing Exit From Plasma (PDP) TV Business

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After Panasonic and Samsung recently called it quits on the plasma flat screen television, it is now apparent that LG, the last big brand left standing in this segment, is following suit after they hinted that they are making the announcement very soon. This revelation was made after indicating further venture into the OLED business with the release of a 65-inch 4k OLED TV display. This really comes as no surprise as new technology becomes cheaper and better with every new model that comes out. The difference in performance has also been made somewhat irrelevant with picture quality of LCD and OLED now very comparable to quality churned out by plasma displays. For the plasma enthusiasts, it might be a good idea to grab one right now as prices drop even further as companies try to clear their final inventories. This isn’t the final death knell for this technology though as there are still some manufacturers, like the Chinese Changhong Electric Co., who will keep making plasma boxes indefinitely.

Read announcements:
Panasonic – http://panasonic.co.jp/corp/news/official.data/data.dir/2013/10/en131031-8/en131031-8.pdf
Samsung – http://www.reuters.com/article/2014/07/01/us-samsung-sdi-plasma-idUSKBN0F62W620140701

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