Samsung Announces It Will Cease Production Of Plasma TVs, Signalling The Impending Death Of The Technology
Plasma TV technology seems to be meeting its end as, following Panasonic's departure from the space last year, Samsung has announced it will cease production of its plasma display televisions.
According to reports, Samsung's decision comes due to an overall decline in demand for the technology. The Korean company cited a changing marketplace as the main factor in a comment to CNET, which reached out after the news first broke.
"We plan to continue our PDP TV business until the end of this year, due to changes in market demands," Samsung told the publication. "We remain committed to providing consumers with products that meet their needs, and will increase our focus on growth opportunities in UHD TV's and Curved TV's."
Comments from Samsung executives in the recent past hinted at this decision, with VP of Samsung's Visual Display R&D John Ryu stating in January that he didn't think plasma had a future past 2014. The words have been backed up by Samsung's actions, which will cease production at the end of November.
LED LCD technology is more cost-effective, and has been more widely accepted among consumers throughout the rise of flat-screen displays. Samsung's last plasma was extremely well reviewed, but that was not enough to justify the technology commercially any longer.
4K TV sets certainly seem to be the way forward for most major manufacturers, and plasma 4K televisions have proven difficult to produce cheaply, seeing to the imminent end of the technology. LG is the last major company producing plasma TVs, and it's likely a matter of time until it joins its competitors in pulling support.