LG to stop plasma production?

The big-screen rumour mill never stops churning

There are rumours abound today that LG is to stop producing plasma screen TVs and focus solely on LCD production.

This is all down to cost, according to LG's company vice president Lee Gyu-hong, who in an interview stated that the company was trying to "reduce costs" and did not "see a future" in plasma technology.

Screen burn

Things aren't looking good for the television manufacturing industry at the moment, with numerous manufacturers making big choices on how to proceed with production.

Panasonic and Hitachi joined forces last year in a bid to cut costs, and the recent demise of Pioneer's Kuro range proves that even the strongest brands are in danger of getting the chop.

With Sharp currently showing off its 108-inch LCD TV, it does prove that there is less and less need for the more expensive plasma technology to be in the big-screen TV market.

TechRadar has contacted LG about the rumours, so expect a response later today.

Via Electric Pig and Electronista.

ABOUT THE AUTHOR

Content Team Lead

Marc (Twitter, Google+) is the content team lead for Future Technology, where he is in charge of a 14-strong team of journalists who write many of the wonderful stories that end up on TechRadar, T3.com and T3 magazine. Prior to this he was deputy editor of TechRadar, had a 10-month stint editing a weekly iPad magazine, written film reviews for a whole host of publications and has been an integral part of many magazines that are no longer with us.