What does LG want to achieve in 2014?
Obviously, to earn more revenue than last year. But how do they intend to bring it together?
LG’s new president of the consumer electronics business is not secretly preparing to revolutionize the current TV market. Hyun-hwoi Ha, the new President and CEO of the business, wants to expand the company’s ULTRA HD TV and Smart TV offerings with products that push the boundaries of innovation.
Many say 2014 will be the year the OLED TV market finally launches. With an exceptionally strong R&D background and established manufacturing facilities in strategically important locations around the world, we are confident that LG will be able to take and maintain a leading position in the OLED TV market. Said President Ha.
To achieve its goals, the company has also established a global OLED TV manufacturing network with facilities in key regions of the world. Production has already begun at LG’s newly established plants in Brazil, China, Poland and Thailand, and another plant will open in Mexico this year to supply the North American market with OLED TVs.
