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LG Electronics exit suggests end is near for plasma TVs

2014-10-28 15:28:51| Electronics - Topix.net

South Korea's LG Electronics Inc said it will wind down its plasma television business by end-November, as a technology long overtaken by liquid crystal display takes one step closer to its demise. LG Electronics said in a regulatory filing on Tuesday that the decision reflects a decline in demand for plasma TVs, with the business accounting for 2.4 percent of its 2013 annual revenue.

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Category:Electronics and Electrical

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