LG Officially Stays in the Plasma TV Market

There were a number of reports that dawn about LG quitting the Plasma TV business, but when T3 asked LG UK’s George Mead, the official reply is clear: LG has “no intention to withdraw from the Plasma TV market”. Mr. Mead goes further by saying: “we have recently implemented a bespoke strategy to promote and market Plasma TVs here in the UK. The development of new technologies including our THX certification is a strong indication of the growth opportunities for Plasma

TVs in the UK market.”

That’s the news of the day at least. An LG Vice President was quoted saying: “if we cannot draw growth strategy, we would compose the decision to withdraw within the year”.

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