LG officially announces shutdown of plasma display business – Update

lg getting out plasma game new
Update 10/29/2014: LG today formally announced it is shutting down its plasma display panel (PDP) production factory tomorrow. In a matter of months, plasma TVs will no longer remain on store shelves. Only one other manufacturer, China-based Changhong,  continues to make plasma panels. LG did not comment on whether its PDP production facilities would be re-purposed for any specific display type, but it did reiterate its commitment to furthering its LED/LCD and OLED panel production. LG remains at the front of the pack when it comes to OLED TV production, having recently released the world’s first 4K OLED televisions in 65- and 77-inch sizes. 

If you’ve been following the slow death of plasma, it won’t come as much of a surprise that LG is getting ready to leave plasma displays behind in favor of newer technology. LG was one of the last major players in the industry still producing plasma displays, and it hasn’t been shy about discussing OLED and LCD displays as the future of its business.

Related: Samsung will end plasma panel production

During a recent press conference announcing the consumer release of its flagship 4K OLED TVs, president of LG’s Home Entertainment division, Ha Hyun-hwoi, took the opportunity to discuss the state of the different leading display technologies. Despite standing in front of a pair of huge new OLED TVs, Ha felt that the consumer demand was still too low in the consumer market for them to focus on the new display technology, but noted that “if customers decide the OLED TV is the best, the market for the OLED TV will be established.” A number of companies have begun producing OLED televisions in earnest, but they’re notoriously tricky to produce and are still on the expensive side, so they haven’t taken over a significant market share from LCDs yet.

There hasn’t been a press release confirming the move, but Ha mentioned that LG is in the process of researching the market to figure out when it should suspend production of PDP panels. LG’s plasma displays certainly won’t disappear overnight. When Samsung shutdown its plasma division in July, the company set the actual sales end date for November, and Panasonic’s earlier announcement that  it would stop producing plasma displays at the end of 2013 saw sales ceasing in March of this year.

With LG getting ready to call it quits on the technology, there won’t be many places left in the world to get your plasma TV fix, so discerning viewers who favor plasma for its higher contrast and better motion performance than LCD displays will have to bank on the more expensive OLED displays, which are creeping into the market. Coincidentally, today’s news comes right on the heels of LG’s announcement that it has slashed the price of its 55-inch 55EA9800 OLED panel, which comes in at a manageable (but still spendy) $3,500. There’s little question that LG and others are pointing the plasma faithful towards OLED.

For now, LG is focusing on promoting LED LCD panels and (to a lesser extent) OLED as the two sides of its production track, readying the move from the waning world of plasma. We’ll keep you updated about LG’s official announcement, but if you’ve been contemplating throwing down cash for that LG plasma you’ve had your eye on, better do it soon – it might just be your last chance.

Product Review

Spacious and intuitive, Samsung's Family Hub makes the case for the smart fridge

Samsung's 28-cubic-feet Family Hub fridge aims to not only keep your food cool, but also be the brains of your home via a large computer screen on the outside panel door. Just how smart is it?
Home Theater

Looking for the best 4K Ultra HD TVs you can buy? Here are five great options

If it's time to upgrade your old 1080p to a new 4K model but you don't know what to look for, fear not, as we're here with a list of the best 4K Ultra HD TVs to help make your buying process as easy as possible.
Home Theater

OLED or LED? We pick the winner in the battle of competing TV tech

The acronyms OLED and LED sound and look very similar, but the two technologies are vastly different in terms of engineering, performance, and capabilities. Which technology wins when you pit OLED versus LED in a TV?
Product Review

The competition was fierce, and this is the best TV of 2018

With stellar picture quality, excellent ease of use, and rich features, the LG C8 OLED is the best TV you can buy in 2018, but that doesn’t necessarily mean it is right for you. Check out our review to learn more.
Movies & TV

Lose the torrents. Here's how to watch 'Game of Thrones' online (legally)

Game of Thrones is one of the most popular shows on TV, but unless you're a cable subscriber, finding a way to watch isn't always easy. Check out our guide on how to watch online, whether you prefer using HBO, Hulu, or Amazon.
Home Theater

Block the outside world, tune into your own with the best in-ear headphones

Over-the-ear headphones offer top-flight sound, but they're not so easy to take along with you. If you're looking to upgrade your portable sound, check out our favorite in-ear headphones -- there's a model for every user and every budget.
Home Theater

Get ready to ditch your amplifier: New LG TVs add a powerful way to go wireless

WiSA, a wireless technology designed for high-end home theaters, might finally start seeing more love. LG's top-tier 2019 TVs will be WiSA certified, and that could mean a new wireless future for premium surround sound.
Computing

Don't know what to do with all your old DVDs? Here's how to convert them to MP4

Given today's rapid technological advancements, physical discs are quickly becoming a thing of the past. Check out our guide on how to convert a DVD to MP4, so you can ditch discs for digital files.
Smart Home

The Apple HomePod gets a whole lot cheaper today at Target

Apple's HomePod hasn't been the most popular smart speaker on the market but for users who are all in on Apple's heavily policed ecosystem of devices, this smart speaker is on serious sale at Target this week.
Home Theater

Kill your cable and switch to streaming with our painless guide

If you're going to quit cable or satellite for a streaming TV solution, you're going to want to get it right the first time. We've outlined exactly how to get started, step by step. Follow our lead, and you'll never look back.
Cars

Best Products of 2018

Our reception desk has so many brown boxes stacked up, it looks like a loading dock. We’re on a first-name basis with the UPS guy. We get new dishwashers more frequently than most people get new shoes. What we’re trying to say is: We…
Home Theater

Still listening on tinny TV speakers? Try one of our favorite soundbars

You no longer have to sacrifice sound for size when selecting home audio equipment. Check out our picks for the best soundbars, whether you're looking for budget options, pure power, smarts, or tons of features.
Home Theater

These top-line smart speakers conduct the most sophisticated symphony: Your life

Stuck talking to yourself? Get an A.I. assistant to keep you company! Whether you put your stock in Alexa, Google Assistant, or Siri, we've picked out the best smart speaker for any smart home ecosystem.
Deals

Choosing one of these smart TVs under $300 will make you look like a genius

Buying a good cheap smart TV is easier than ever. To help you out, we've sniffed out a half dozen of the best models out there with prices starting at just $130. We've even thrown in a couple 4K smart TVs, with these UHD models still…