LG to Sell Quantum Dot TVs

By |


Thumbnail image for LG-Logo-2.jpgLG has indicated that, while remaining committed to OLED TVs, the company also plans to introduce quantum dot TVs, which are also considered a "next-generation" technology but are less expensive to produce than OLED -- especially now that Dow Chemical plans to build a quantum dot plant in South Korea.

From Reuters
LG Electronics Inc, maker of expensive OLED display televisions, said it will supplement its line-up of next-generation TVs with sets using cheaper quantum dot display technology under a dual-track strategy.

The world's No.2 television maker after domestic rival Samsung Electronics Co Ltd, South Korea-based LG has been pushing OLED TVs as the next generation technology in concert with affiliate LG Display Co Ltd.

"We are pursuing a dual-track strategy with quantum dot and OLED," LG Electronics Chief Financial Officer Jung Do-hyun told analysts on Wednesday.

Speculation that LG and Samsung would launch quantum dot televisions has intensified after Dow Chemical Co said it will build a new quantum dot plant in South Korea. Commercial production at the plant is expected to begin in the first half of 2015.

LG earlier reported an operating profit of 461 billion won ($440.21 million) for the July-September quarter, better than a 454 billion won mean estimate from a Thomson Reuters I/B/E/S poll of 36 analysts.

LG touts various benefits of OLED TV, such as higher picture quality than existing LCD technology and the wider set of design opportunities given its malleability.

However, a 65-inch OLED television launched by LG earlier this year priced at 12 million won in South Korea - far higher than an equivalent UHD television using liquid crystal display technology, the current standard.

Quantum dot display TVs offer a cheaper alternative to OLED TVs and are easier to manufacture, analysts say, although the technology is nascent and few models are currently available, with Japan's Sony Corp (6758.T) among the few companies selling them. With more rivals likely to utilize the technology, analysts say LG cannot afford to be left behind."

To read the complete Reuters report, click here.

Additional Resources
LG Officially Ends Plasma Production at HomeTheaterReview.com.
LG's 65-Inch 4K OLED TV to Arrive Next Month at HomeTheaterReview.com.


  • Comment on this article

Post a Comment
comments powered by Disqus

Latest News

Nov 28
GoldenEar Triton One.R Now Shipping We get a lot of emails and PMs here at HomeTheaterReview from readers who want us to help them pick...
GoldenEar Triton One.R Now Shipping

Nov 23
SVS Announces Black Friday Deals on NSD Series Subwoofers Priced at $399 and $499 each, these subwoofers are available in limited quantities, and when they're gone they're gone.
SVS Announces Black Friday Deals on NSD Series Subwoofers

Nov 21
Sound United Announces Black Friday/Cyber Monday Deals With sales prices of up to $300 off of select products, Sound United is dropping some serious deals for this holiday buying frenzy week.
Sound United Announces Black Friday/Cyber Monday Deals

Nov 16
McIntosh Introduces New XRT1.1K Loudspeaker Smaller and more affordable than the XRT2.1K, the new speaker still packs a massive punch.
McIntosh Introduces New XRT1.1K Loudspeaker

Nov 15
SVS Introduces 3000 Series Subs Is SVS' 4000 Series too much sub for your room, but the 2000 Series isn't quite enough? SVS has you covered with two new subs.
SVS Introduces 3000 Series Subs