TV Makers Seek Fatter Profits in Thinner Sets
Television manufacturers, stung by steep profit declines this year, will start making TV sets that are even thinner and lighter in hopes of sparking new consumer interest and driving average prices higher.
LG Electronics, the world’s second-largest TV manufacturer, said Friday it will sell a 55-inch TV that is just 3/16 of an inch thick and weighs only 16.5 pounds. Crosstown rival Samsung Electronics, the world’s largest maker of TVs, is expected to unveil a similarly sized TV at the industry’s big trade fair, called the Consumer Electronics Show, in Las Vegas in early January.
