Samsung rumored to end plasma TV production

Posted on Wednesday, Jul 02 2014 @ 11:51 CEST by Thomas De Maesschalck
Samsung logo
The plasma TV is nearing the end of its life as rumors are circulating online that Samsung is pulling the plug on its plasma display panels. Nothing is official yet but anonymous sources claim the decision has been made to quit production in November of this year.

The news means LG will remain the only manufacturer of plasma TVs but the question is for how long as the technology is unlikely to stick around for much longer.
Samsung choose not to release any new 2014 plasma models this year, and instead stood pat with the PNF8500 from the 2013 model year. It is believed that the ability to make a cost effective 4K plasma display played heavily into the decision to not continue to produce plasma display panels.

Now this leaves LG as the only producer of plasma display panels and it is believed that LG will too announce its exit from the plasma display panel business which will end plasma TVs. While LG has not officially made an announcement yet, it has already converted one of its plasma panel production lines into making solar batteries.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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