Sunday, March 01, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
New Draft Bill Focuses On Consumer Data Privacy
Uber Says Breach Affected 50K Drivers
Google Showcases Future Silicon Valley Headquarters
Lenovo Offers Free McAfee LiveSafe Following Superfish Security Concerns
Yahoo Gains Search Share
Twitter To Offer More User Safety Features
Google to Start Ranking Mobile-friendly Sites Higher
Qualcomm Extends LTE to Unlicensed Spectrum to Enhance Mobile Experiences
Active Discussions
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
need help on some cd burning...
 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 's 2015 OLED And LED 4K ULTRA HD TVs Now Available in The U.S.
New LG Watch URBANE Has LTE Connnectivity
LG G Flex2 Begins To Roll Out Globally
LG To Focus On Premium TV Market
LG Announces New Mid-range Smartphones Ahead Of MWC
Full Metal LG Watch Urbane Smartwatch Coming to MWC 2015
Feud Between LG And Samsung Excalates Over OLED Technology Theft
LG To Offer Google Cardboard VR Glasses With G3 Smartphone
LG G Flex2 Smartphone Uses SK hynix LPDDR4 Memory
LG Electronics Q4 Net Loss Widens, Full Year Profit Soars
LG Display, SK Hynix Benefit From Strong iPhone Sales
LG Display Buys Rights To Use New OLED Technology

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 .