We first got wind of LG potentially pulling out of the plasma TV race last month, but it seems that rumor’s been squashed.

Pocket-lint has recently gotten word that LG has officially denied that they are to stop making plasma TVs. In fact, LG is expecing to sell 3,000,000+ plasmas in 2009 alone and will shift their focus to the high end market of 50+ inches.

They even have 2 60 inch models on the way, phew.