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LG to stop making plasma TVs?

Following Pioneer's example, moles claim

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LG it to become the latest manufacturer to exit the plasma telly business, it has been claimed.

The firm will stop making plasma panels later this year, industry sources cited by website DigiTimes have alleged.

It's also been claimed that LG will then sell equipment and technologies related to its PDP TV production business to China-based electronics giant Changhong.

LG’s yet to sign on the dotted line with Changhong, according to the sources, because the the two firms have yet to reach an agreement – presumably over how much Changhong will pay for LG’s PDP TV business.

The rumour’s no great surprise though, because LG recently announced cost-cutting restructuring plans – part of which will include a cut back on its investment in plasma production.

It’s no secret that plasma sales have suffered of late thanks, in part, to falling LCD prices. Earlier this year, Pioneer announced plans to wind down its Kuro plasma business, with the aim of exiting global plasma TV production by March 2010. ®

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Latest Comments

don't rule out LED LCD

To be honest I don't agree on the comments that Plasma has a better picture than LCD, having owned a few LCD's and Plasmas I can honestly say my Samsung LED LCD beat the Samsung Plasma I had hands down for picture quality - the blacks are amazing. Coupled with a very subtle 100hz (on low setting) it removes virtually all LCD blur and makes fast moving action scenes watchable - even more so than my Plasma ever did. Throw into the mix the fact your not going to get images burned in (logo's etc - even with pixel shifting turned on I used to have massive problems) its a no-brainer.

In my opinion Plasma died when LED LCD was invented. Its the classic car of flat panel TV's - far too high maintenace to be used for everyday viewing as well as films.

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Plasma verses LCD/TFT

I am no expert on TV screens, but I understand that Plasma can be viewed at a far greater angle than LCD.

When I replace my not so old CRT TV I will go for Plasma.. Our Consumer organisation gives a good writeup on Plasma, and that's good enough for me.

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If they're going out ...

... it's with a bang, if this is anything to go by:

http://crave.cnet.co.uk/televisions/0,39029474,49302077,00.htm

"LG PS8000: LG gets serious about plasma TVs"

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