LG Will Focus on Smart TVs, Phones and Tablets in 2011

Posted Tue Dec 21, 2010 at 07:00 AM PST by Dick Ward

They're investing more than ever in those key businesses, and hoping for big results.

When a person announces a New Year's resolution, they're not exactly expected to stick with it. When a company publicly announces their plans for a new year, the expectations are much higher.

LG's New Year's resolution is to improve its standings in key electronics categories , which include connected TVs and 3D TVs. They'll be investing a massive $18 billion - their biggest ever - into TVs, smartphones and tablets.

This huge investment from LG should create a much more competitive LCD market, and certainly represents a strong possibility of new tech from the Korean company.

Source: Engadget

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