Will operate in Giheung and also in Tianjin, China. "LED industry grew more rapidly than expected," said Kim Jae-wook, former central leader of Samsung SDI, which was appointed as Chief Executive Officer of Samsung LED. "Management and faster execution will determine success or failure of this business," he said .
LG Electronics first LED TV launched, namely 240 megahertz LH90 series which comes in sizes 55, 47, and 42 inches. LG claims that the product will cut energy consumption about 70 percent. "We plan to launch a thinner LED TV again in the future," said Havis Kwon, Executive Vice President of LG Electronics LCD TV Division.
To focus on the business of making LEDs, LG Display has bought 29.8 percent stake in Woori LED worth 8.828 million dollars. Such a move is made after Samsung Electronics first LED TV launched their 6000/7000 PAVV ie a size 40, 46, and 55 inches in the last month. Although Samsung has launched a line of LED TVs in Europe in 2006, this is the first LED TV launched the company in Korea.
Competition to secure market position in Light Emitting Diode (LED) has been going with Korean companies started to launch a TV-sized LED light, with ultra high resolution Definition and environmentally friendly.
Compared to traditional light sources, using LEDs has a number of advantages because it consume less power, has a lifetime much longer and can improve contrast and image that is displayed. LED TV is also lighter and thinner than LCD TVs that use fluorescent lamps to emit light.
The first LED-based television sets made by Sony in 2004 and was followed by Philips and Samsung. According to Strategies Unlimited, the market research firm from California, United States, the global LED market value last year reached 5.2 billion U.S. dollars. The number is expected to grow 20 percent per year and will reach 12.7 billion U.S. dollars in 2013.
Source by warungmp3.com
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