The Hush Post|12:20pm|1-min-read
LG Electronics has a novel plan up its sleeve to fight Chinese competition and revive dipping business. It plans to begin selling big-screen TVs next year that can be rolled up and put away like a poster.
A prototype of the television displayed at LG’s research centre in Seoul can be rolled up and stuffed into a box when not in use.The proposed 65-inch TV will retract automatically at the touch of a button like a garage door, a person told Bloomberg on condition of anonymity as it’s an internal matter. They will sport organic light-emitting diode or OLED screens.
A South Korean conglomerate , LG showed off the rollable screen technology earlier this year but 2019 will mark its first commercial release in TVs. However, LG declined to comment on it now, the news report said.
Difference between LED and OLED
While LCDs claim almost 98 percent of the market share, OLED TVs are projected to grow 70 percent next year. Televisions based on Organic Light Emitting Diode (OLED) display technology are fundamentally different from LCD TVs. The most basic difference is that each pixel provides its own illumination in a OLED, while all of the pixels in an LCD TV are illuminated by an LED backlight.
LG preparing for 5G
LG is also gearing up to make its mark on fifth-generation or 5G wireless technology. 5G technology will revolutionise use of gadgets from home appliances to cars.
LG is likely to unveil its first 5G smartphone at next year’s Mobile World Congress, the news report said.
While Apple plans to hold off a 5G iPhone until at least 2020 , Samsung is said to plan rolling out its entry next year. Samsung is said to be working on scrollable and stretchable screens that could eventually go into smartphones.