In recent weeks LG has steadily increased market share in the LCD market and in week 26 according to GFK data, they pushed Sony into third spot with 15% market share. Sony had 14% and Samsung 40%.
The two new LG, LED TV's, which include a 42 and 47 inch model, will go on sale next month for less than $3,900. These models will be followed by a thin wireless TV which will compete head on with Sony's ZX Series wireless TV according to LG Product Marketing Manager Warren Kim.
"We believe that our new LED TV's and our new wireless TV offering can and will, help us increase our market share. During the next few months we will be concentrating on both these new categories" said Kim.
LG's new TruMotion, 200Hz LH90, LED series display models will be available in 42 and 47 inch models. They deliver 2,000,000:1 contrast ratio, THX support, and the ability to play DivX files via a USB port.
The Australian models we believe will include an EPG.
LG globally hopes to sell 5 million LED televisions in 2010. The new LED TVs are an updated version of the current LCD TV which feature cold cathode fluorescent lamps (CCFL) as the lighting source.
