Saturday, September 05, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Report Reveals the Web's Shadiest Neighborhoods
Google Play Is Coming Back To China: report
Hackers Stole Data From Bugzilla
BlackBerry To Buy Rival Good Technology
GIGABYTE Z170X-UD5 Motherboard Is Intel Thunderbolt 3 Certified
LG Bets On OLED's Success, Showcases Innovative Prototypes At IFA2015
Acer's Predator 6 Smartphone Packs A 10-core Processor
New Intuos Tablets Bring Your Creative Dreams Closer
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Consumer Electronics > LG Aims...
Last 7 Days News : SU MO TU WE TH FR SA All News

Sunday, January 10, 2010
LG Aims At Becoming Top Global TV Brand


LG unveiled its plans to achieve the top global position in the compatitive TV market, which is currently dominated by Samsung, Sony and Panasonic.

LG needs to secure an even stronger presence as a global top-tier TV brand this year after claiming the number two spot with sales of 16.2 million LCD TVs in 2009. The company plans to sell a total of 25 million units in 2010, including seven million LED LCD TVs on the back of anticipated market demand exceeding 171 million units -- a 22 percent increase over 2009. The company also aims to increase its market share to 15 percent from 11 percent last year. The goal for 2011 is to occupy the top position in the global LCD TV market.

LG is targeting 29 million units in total sales of both LCD and Plasma TVs. The company intends to boost sales of Plasma TVs to four million units in emerging markets including Asia, Middle East and Central and South America. LG will focus on the large screen market of greater than 50 inches, which is expected to grow to 58 million units -- a 15 percent increase from last year.

The Korean company plans to promote the INFINIA, its new family of LED HDTVs, as the key growth engine for the 2010 year to achieve its ambitious goal of becoming the top global player in the TV market. The new INFINIA HDTV series was unveiled last year under a BORDERLESS design theme. The INFINIA range will be fundamental to LG?s mid- and long-term plans to drive growth through 2010 by providing connectivity and access to online content by NetCast Entertainment Access, Skype calls and DivX movies.

"Going forward, the TV industry will no longer compete along basic features such as slimness and image quality," said Simon Kang, CEO and President of LG Home Entertainment Company. "We expect the TV to evolve into a center for smart living beyond its status as a simple display device. We?re moving away from merely ?watching TV? towards an era of 'using TV'."

LG?s Network Blu-ray players incorporate NetCast Entertainment Access to offer consumers access to an array of entertainment options with a large variety of content for consumers. LG showcased its latest BD players at CES, more informaton is available in this report.

The company plans to sell a total of 2.5 million Blu-ray Disc players including 1.2 million in North America, in 2010, up from one million units in 2009.


Previous
Next
PowerDVD to Support 7.1-Channel Lossless HD Audio Playback with Blu-ray Content Protection        All News        VESA Introduces DisplayPort v1.2
Record Number of New CE Products Generates Opportunity for Global Economy     Consumer Electronics News      JVC Demos 3-D Technologies at AT 2010

Get RSS feed Easy Print E-Mail this Message

Related News
LG Bets On OLED's Success, Showcases Innovative Prototypes At IFA2015
LG To Offer Amazon Titles In HDR On webOS Smart TV Platform
LG To Upgrade WebOS Smart TVs, Demos HDR Content
New LG Luxurious Urbane Smartwatch To Appear at IFA
LG Develops Full-Size Keyboard For Pockets
LG Releases New OLED TVs In The U.S.
LG Upgrades The G Pad 10.1 Tablet
LG Expands Its Wireless Audio Product LineUp At IFA
LG Relases Mid-Range Tone Ultra Bluetooth Headset Series
LG Display To Heavily Invest In OLED
LG To Offer Hi-Fi Music Service
LG, Google To Promote Mobile Payment System

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .