LG guns for 25% of global 3D TV market | business | Hindustan Times
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LG guns for 25% of global 3D TV market

South Korea’s LG Electronics said on Thursday that it aims to corner 25 per cent share of the global market for 3D televisions this year.

business Updated: Mar 25, 2010 21:58 IST

South Korea’s LG Electronics said on Thursday that it aims to corner 25 per cent share of the global market for 3D televisions this year.

The company announced its target after unveiling what it called the world’s first full LED (light emitting diode) 3D flat panel TV. The world’s second-largest liquid crystal display TV maker by sales also said it is targeting a 15 per cent share of the global LCD TV market this year.

“With an increased number of customers experiencing 3D technology and fast-rising 3D content, such as movies, sports and education as well as 3D-related devices, demand for such TVs is expected to grow rapidly (this year),” Havis Kwon, head of the firm’s LCD TV division, told a news conference.