LG Electronics announced the global launch of its 2020 TV line-up, led by 14 new OLED models with upgraded artificial intelligence (AI) features, to expand its presence in the premium TV market. The company said LG CX series 4K OLED AI ThinQ TVs will be available this month in South Korea and the United States, followed by markets in other regions.
The 55-inch and 65-inch LG CX models will go on sale in South Korea on Wednesday, while the LG CX 77-inch version launching next month, Yonhap news agency reported. The CX series 55-inch LG TV Priced at KRW 2.8 million ($2,340) in South Korea and the LG 65-inch LED TV Priced at KRW 5 million, according to the company.
The company planning to launch three new LG GX Gallery series models (55-inch, 65-inch, and 77-inch versions) this month. The art-inspired LG GX Gallery OLED TVs boast an ultrathin form factor 65-inch model only 20 millimeters thin. The LG high-end 77-inch GX Gallery model comes with a price tag of KRW 12.5 million, the 66-inch priced at KRW 5.6 million, and the 55-inch at KRW 3.1 million.
LG’s OLED ZX real 8K models (88-inch and 77-inch) and the ultrathin 65-inch LG WX OLED Wallpaper TV will go on sale next month. The company said most of the new LG TVs launching this year with 3rd generation AI processor. The South Korean tech giant added 12 new LG OLED TV models support Nvidia’s G-Sync Compatible for a better gaming experience.
LG was the second-largest television vendor in the world last year, with a 16.3% market share based on sales revenue, according to data from industry tracker IHS Markit.