LG to Launch Mammoth 100 Inch TV In January

South Korean electronics company LG said it will unveil its mammoth 100-inch ‘LG Hecto’ laser TV projector at the Consumer Electronics Show (CES) in January.

“LG’s 100-inch class Laser TV takes projection technology and makes it perfectly suitable for both the boardroom and the living room,” said Havis Kwon, President and CEO of the LG Electronics Home Entertainment Company.

He further said, “In the coming year, LG will continue to introduce innovative TV products to provide an outstanding productivity and entertainment experience for our customers.”

LG claimed that the laser TV projector’s size will make installation and viewing easier by allowing users to place the lens just 22 inches (56 cm) from the screen. Users will have the option to position the projector near the floor or have it fixed to the ceiling.

Key Specifications of LG Hecto Laser TV includes:

  • The ‘LG Hecto’ laser TV offers Full HD 1080p resolution.
  • The laser TV features 1,000,000:1 dynamic contrast ratio with the help of advanced laser-based illumination system.
  • LG Hecto measures just 5.7 inches high but it is packed with two 10W built-in speakers embedded in the projection unit for virtual surround sound effect.
  • The device sports 3 HDMIs to allow connections of other source devices.
  • The laser TV comes with a digital tuner and an optical audio output.
  • The projector based TV comes with RS-232 interface which allows integration of most home theater systems in the market.
  • The Laser TV supports LG’s Smart TV platform. With the help of built-in WiFi, the projector can stream videos directly from premium content providers like Netflix, YouTube etc.
  • The system allows users to customize personal contents such as pictures, home videos and music libraries through USB or LG Cloud-based services.
  • Taking note of its features, Hecto Laser TV makes up as a giant entertainment system which can also be used for office presentation purposes.

The price and date of availability of the device is still under wraps. LG is expected to reveal more information at the CES.

Rival Samsung is also unveiling its LED-based Smart TV at the electronics trade show in Las Vegas.

 

Galaxy S III smartphone sales now over 30 million – Samsung

Phone manufacturing company Samsung has announced that it has sold more than 30 million flagship Galaxy S III smartphones in about five months, making it one of the fastest selling smartphones in the world.

Samsung Electronics Co, the world’s biggest mobile phone maker made this announcement today and it launched the smartphone at the end of May, months before competitors began shipping the latest versions of their top phones.

When Apple Inc., unveiled the iPhone 5 in September, Samsung launched an advertising campaign poking fun at the new iPhone.

The South Korean firm said the S III is selling at a much faster rate than its predecessor announced a year ago, the Galaxy S II. The S II took 14 months to hit 30 million sales. Sales of the Galaxy Note II, which fills a market niche between smartphones and tablets, surpassed 3 million in 37 days, Samsung said last week.

The runaway demand for high-end smartphones fuelled record profits at Samsung in recent quarters while other consumer electronics firms were hit by the global economic downturn that dented demand for TVs and personal computers.

Research firm IDC ranks the South Korean firm as the world’s top smartphone seller in the last three quarters. In the latest July-September period, Samsung sold 56.3 million smartphones versus Apple’s 26.9 million, IDC said.

Samsung, which also makes TVs, home appliances, semiconductors and display panels, got almost 70 per cent of its third-quarter operating profit from the division that makes mobile devices, cameras and computers.

Nomura Financial Investment in Seoul forecasts that Samsung will sell 67 million smartphones in the October-December quarter. That would be about 10 million units more than Samsung’s smartphone sales in the previous quarter.

Samsung does not disclose its quarterly smartphone sales figures, but analysts and research firms say the company sold a record 56-58 million smartphones in July-September.

Nomura, which is more optimistic about Samsung’s prospects than other forecasters, says Samsung’s mobile communications business will post 5 per cent growth in fourth quarter profit from the third quarter, thanks to the high-end phones – the S III and the Note II.