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LG Elec eyes selling flat TV in Japan
TOKYO, MAY 9 (AGENCIES)
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Published on 10 May. 2010 12:03 AM IST
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South Korea’s LG Electronics is eyeing re-entering Japan’s flat TV market as early as this year, the Nikkei business daily said on Sunday, as the world’s No.2 TV brand aims to surpass rival Samsung Electronics.
According to Reuters, the talks being held between LG and major Japanese electronic retailers, which do not sell South Korean maker Samsung’s flat screen TVs, will lead to a price battle between LG and its Japanese rivals, the Nikkei said without citing sources.
LG competes with Japanese manufacturers such as Sharp Corp, Sony Corp and Panasonic Corp in flat screen TVs. LG will likely release their flat panel TVs in Japan at the beginning of the Christmas shopping season and is expected to sell LCD TVs, as well as high-end LED-backlit TVs, with 30- and 40-inch screens, the Nikkei said.
The South Korean firm stopped selling its LCD TVs in Japan in 2008 but continued sales of other products such as mobile phones and LCD computer monitors, the Nikkei reported.

 
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