LG to launch new Google TV this month

By on May 8, 2012 at 12:00 AM.

LG to launch new Google TV this month

LG to launch Google TV device in late May

According to an LG executive, the South Korean firm plans to launch an Internet-enabled Google TV in the United States the week of May 21st, Reuters reported on Monday. The company is looking to gain a larger share of the emerging smart TV market and defend itself against Apple, which is widely expected to unveil an HDTV later this year or early next year. “Production of Google TVs will start from May 17 from our factory in Mexico and U.S. consumers will be able to buy the product from the week of May 21,” said Ro Seogho, LG’s executive vice president of its TV business. The executive said the company will decide whether to expand its Google TV offering to Europe and Asia based on sales performance in the U.S. market. More →

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Samsung plans to offer low-end TV models as sales grow stronger

By on February 8, 2012 at 7:15 PM.

Samsung plans to offer low-end TV models as sales grow stronger

With Samsung’s high-end TV sales doing well, the company is now looking to launch cheaper television sets according to Reuters. Demand for lower-end TVs has been on the rise in recent months, with major South Korean retailers teaming up with local manufacturers to provide flat-screen models that are as much as 40% cheaper than Samsung sets. “As long as there’s demand, we’re open to get into that segment,” Samsung’s executive VP of visual display, Kim Hyun-suk said. “We’ve been preparing to introduce cheap models and have been studying to optimize production costs and retail prices. Those models will be ready for sale in one or two months.” Samsung is the world’s largest TV manufacturer and is aiming to sell 50 million units this year, with half of those shipments being Internet-enabled smart TVs. More →

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