LG are considering withdrawing from the plasma TV business, if costs continue to eclipse waning profits. Vice-president of the company Lee Gyu-hong told Kyodo News… ...

LG is the world's second biggest plasma TV maker. The factory closure is symptomatic of a move away from plasma and towards LCD TVs.

Nearly a year after Panasonic left the plasma TV market, LG has also announced that it will cease production and sales of plasma display panel (PDP) televisions and will focus on LCD and OLED ...

Plasma TVs continue to prove popular with consumers, offering large screen sizes at competitive prices, and therefore remain an important part of LG ’s TV lineup," the company says. But its statement ...