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LG killing off plasma TV business

LG is set to bring an end to production of its plasma TV range, making it the last of the globe’s major tech giants to give up on the highly rated tech.

Yonhap News and The Korea Times have both reported the news. They’ve got word directly from Ha Hyun-hwoi, LG’s home entertainment chief, that the game is up for plasma. An official announcement is due imminently, most likely at IFA next week.

LG’s move is not surprising, even though it said in January it was committed to plasma production. Panasonic blamed the advent of 4K ultra HD for the death of its plasma business last October, while just last month Samsung said 2014 would be the last year it would produce the critically acclaimed panels.

Changhong Electric, from China, are the last big firm left making plasma tellies, so there is still hope for those who prefer the tech to the more prevalent LCD and OLED models doing the rounds right now.

LG is expected to reveal a raft of new TVs at IFA next week, with curved models and 4K expected to be the major focus.

Read more: LG Infinia 50PK790 Plasma TV review

Via Engadget

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