LG may exit plasma TVs in weak economy

LG may be the next to discard plasma TVs, company vice president Lee Gyu-hong says. The executive has told Kyodo News that a sustained poor world economy would make it unprofitable to keep developing and selling the more expensive display technology. If no recovery seems likely, Lee estimates that plans to exit plasma would be made public before the end of the year.

Read more … via [Electronista]

Update there are not pulling out of the market they are even looking to update the presence !

Author: