Manufacturing news


Subscribe to industry newsletters

Bizcommunity has over 400 industry contributors and we always welcome further contributions and contributors.
Advertise with us
Advertise & RatesMy Account
Company press officeList company
Recruitment packagesSubmit job ad
Download ratecard
Manufacturing news

LG selling new generation TVs

3 Jan 2013 08:26
SEOUL, SOUTH KOREA: South Korea's LG Electronics started selling new generation television sets on Wednesday (2 January) that use organic light-emitting diodes (OLED) that the company hopes will give it an edge of its giant rival Samsung.
LG selling new generation TVsThe electronics giant began accepting pre-orders for the first commercial sales of such TV sets.

OLED TVs don't require separate back-lights and thus are thinner, consume about 20% less power and offer a sharper picture than conventional flat-panel sets.

The LG OLED model is 55 inches wide but just 0.16 inches (four mm) thick. It was crowned as the best gadget of the Consumer Electronics Show in Las Vegas last year, trumping a similar-size Samsung set.

"We will launch the OLED TV in North America, Europe and elsewhere in Asia in the first quarter to secure a leading position in this next-generation TV market," the company said in a statement.

The TV comes with a whopping price tag of 11m won (US$10,357), as manufacturers still struggle to cut the cost of mass-producing the delicate panels.

Samsung Electronics aims to start sales of its own OLED TVs later this year, although OLED displays are already used on its popular Galaxy S and Note smartphones.

Struggling Japanese TV giants Sony and Panasonic also teamed up last year to jointly develop OLED panels in a bid to catch up with the South Korean competitors.

Market researcher DisplaySearch estimated global sales of OLED TVs in 2013 would reach around 50,000 units and increase sharply to more than 7.0m units in 2016.

"Sony and Panasonic last year teamed up for joint development but they are nearly two years behind in terms of the technological gap with us," LG said.

Source: AFP via I-Net Bridge


SOURCE

I-Net Bridge
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za
    
 
LEGAL DISCLAIMER: This Message Board accepts no liability of legal consequences that arise from the Message Boards (e.g. defamation, slander, or other such crimes). All posted messages are the sole property of their respective authors. The maintainer does retain the right to remove any message posts for whatever reasons. People that post messages to this forum are not to libel/slander nor in any other way depict a company, entity, individual(s), or service in a false light; should they do so, the legal consequences are theirs alone. Bizcommunity.com will disclose authors' IP addresses to authorities if compelled to do so by a court of law.

News