Samsung is shutting down its plasma TV production, and LG is expected to as well.
Plasma televisions appear to be headed to the tech graveyard, joining dinosaurs like the VCR and floppy disk.
Despite being praised by sites like CNET for having the best picture quality available in a television (Samsung PNF8500), the demand for plasma televisions has dropped. According to CNN Money, plasma TV shipments plunged 16 percent globally in the first quarter of 2014 compared with a year ago.
Plasma televisions have largely been replaced by LCD TVs, which are thinner, more energy efficient and cheaper, Vox said.
The death of plasma is an incredible success story for LCD technology, but it’s also a sad reminder that disruption doesn’t always mean the best products win: No LCD TV has ever looked as good as the best plasma TVs.
Panasonic quit making plasma TVs in 2013. Samsung recently announced it is pulling the plug on plasma TVs in November, leaving LG Electronics as the last major international plasma TV manufacturer. But LG plans to halt production later this year, CNN Money said.
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