As newer technologies like 3D and smart TVs become popular around the world,LCDs have seen a slump in demand.And Samsung has intended to focus on selling LED TVs in India after spinning off its loss-making LCD business globally.The company's executive has disclosed that the company will withdraw its LCD models in the 40-inch and above category as part of a larger global strategy to push the brighter,thinner LED TVs.According to Raj Kumar Rishi,VP,Samsung Electronics,this move combined with lowering of prices by about 10%,is expected to help Samsung grow its LED share from the current 25%of the company's flat panel sales to 70%in the next one year.
Source:
http://en.cnledw.com/nd8864.htm
