‘Demand for LG’s OLED TV to hit 7 million units by 2016’

The company said at the weekend that being the first company to commercialize both the flat screen OLED TV, which went on sale in Korea in January, and the innovative new CURVED OLED TV, which began sales in Korea in April, its latest products have been widely hailed by tech savvy people across the world. […]

The company said at the weekend that being the first company to commercialize both the flat screen OLED TV, which went on sale in Korea in January, and the innovative new CURVED OLED TV, which began sales in Korea in April, its latest products have been widely hailed by tech savvy people across the world.
“LG’s uniquely designed OLED TV puts LG firmly in the driver’s seat in terms of ushering in a new OLED TV era and taking a leadership role in encouraging the adoption of the technology. LG’s OLED TV has received recognition from around the world for its achievements in furthering display technology and harnessing sensational, life-like picture quality”, an official said.
Speaking on the latest technology, General Manager, Home Entertainment division, LG Electronics West Africa operations, Mr. Steve Ryu said with the introduction of the state-of-the-art LG 55-inch curved OLED TV, the company has once more demonstrated leadership by spearheading new TV era.
He said: “The next-generation display technology and the advanced ultra-thin depth of 4.3mm comes with a unique curved design which represents a new era in home entertainment. It must be seen to be believed for we are fully committed to bringing next generation technologies to the Nigerian market.
 “Our groundbreaking CURVED OLED TV marks the beginning of a whole new era in home entertainment. Its IMAX-like curvature guarantees an amazingly immersive and comfortable viewing experience.  Indeed, it is a point of pride that we were able to bring the World’s First CURVED OLED TV into the Nigerian market and we will continue to expand and improve our industry leading television technology.” “This is indeed a watershed moment in TV history because the Curved OLED TV technology will make it possible for consumers to enjoy crystal clear picture quality devoid of distortions.”  He said LG Electronics had invested a lot in Research & Development with the consumer in focus in order to find out which concerns are most important to them, adding that the insights gained help the company to better understand the market and be more competitive in terms of developing technologies that will be embraced by the public.
“The results are fascinating; despite the plethora of supplementary features and options, the foremost concern of the average consumer remains the same as it always has: picture quality. 75 years ago, television was introduced with skepticism and awe. No one truly believed it would change the way we view the world. Now more than ever people are more attached to their television. A TV set is now being considered as a status symbol by householders; and increasingly a lot of attention is being paid to the quality of TV adorning living rooms. Over time, there has been advanced introduction in TV technology which has brought about tremendous improvement in picture quality”, Ryu said.