Plasma TV almost dead as LG quits production

Posted on Friday, Aug 29 2014 @ 11:15 CEST by Thomas De Maesschalck
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Engadget reports the plasma TV technology is now almost completely dead as the last remaining major manufacturer is about to cease production. LG is reportedly conducting an internal study to decide when it will end plasma production, after that China's Changhong Electric Co. will be the only firm still manufacturing plasma screens.
According to Ha, LG is conducting an internal study to decide when it will end plasma production -- not a bad run after rumors said it would shut down in 2008 and 2009 -- and will make an official announcement on the issue soon. LG is the last major brand making plasmas after Samsung announced its exit earlier this year, and Yonhap says that once LG shuts down, China's Changhong Electric Co. (the same company once on the receiving end of $1 billion worth of stolen plasma tech from LG) will be the only major manufacturer left in the game.

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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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