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LG makes large investment in OLED TVs
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The following comments relate to this news article:

LG makes large investment in OLED TVs

article published on 18 February, 2013

LG Display has announced a large investment in the future of OLED. The company, which released their first large-screen OLED TV in 2012, will invest 706 billion won ($654.8 million) in manufacturing the next-gen displays. Mass production for the new OLED line will begin in the Q1 2014, says the company. The company recently announced that its $10,000 55-inch OLED had reached 110 ... [ read the full article ]

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PraisesToAllah
Member
_ 		18. February 2013 @ 23:28 _ Link to this message    Send private message to this user   
They are shooting themselves in the foot.

LG is an average consumer's electronic company. If they invest something beyond the average consumer's budget, this will be a disaster for them.

110 pre-orders from the whole world is impressive? I bet its those millionaires and billionaires and CEOs or the superior managers of LG. Who knows. I'll eat my hat if the 110 consumers are only average consumers.
[ + quote]
DVDBack23
Staff Member

4 product reviews
_ 		18. February 2013 @ 23:49 _ Link to this message    Send private message to this user   
Originally posted by PraisesToAllah:
 They are shooting themselves in the foot.

LG is an average consumer's electronic company. If they invest something beyond the average consumer's budget, this will be a disaster for them.

110 pre-orders from the whole world is impressive? I bet its those millionaires and billionaires and CEOs or the superior managers of LG. Who knows. I'll eat my hat if the 110 consumers are only average consumers.
By the time these 2014 OLEDs come around the price will be half of $10k, if not less.
[ + quote]
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