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LG to suspend plasma television production in the future

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LG has strongly hinted that it will cease the production of plasma television sets in the future.

The South Korean firm is investing in large-screen curved OLED sets with 4K Ultra-HD resolutions in the belief that it will rival LCD technology.

Plasma TV made by LG

© LG

Plasma TV made by LG


The move could spell the end for the flagging plasma market, with LG home entertainment chief Ha Hyun-hwoi saying that its withdrawal from the market is a case of "when" not "if".

He said: "We are studying on when we should suspend the PDP business."

LG is expected to make an official announcement about the suspension of its plasma display business in the near future, according to Korea Times.

With industry giants Samsung and Panasonic having already announced plans to exit the plasma market, Chinese firm Changhong Electric Co is the sole manufacturer still investing in the technology.

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