LG next to drop out of plasma industry?

The economy ain’t doin’ so hot, and neither is the Plasma TV industry. It seems like every other day news comes around of a major plasma-producer dropping out of the game.

Well, word has it LG may be next if vice president Lee Gyu-hond is to be believed. He went on to say that seeing as it’s currently unprofitable to continue developing such an expensive display techonolgy, LG may drop out of the race by the end of the year if the economy doesn’t recover.

This news comes after Hitachi, Panasonic, and even Pioneer have dropped out of the race. Although, if LCD techonolgy is at some point capable of producing image quality up to par with plasma, who needs plasma, right?

Read (Electronista)