Switching channels

“LCD has no future. The Chinese can even make ultra-high definition TVs at lower cost. We cannot win this price war. For survival, we have to make products they cannot make.”


The verdict of an executive at South Korea’s LG. Organic light emitting diode (OLED TV) panels save power and produce higher picture quality but they are more costly for consumers. The jury is still out on whether they will gain a major share of the $94 billion global television market, reports the Financial Times.

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