LG nails the coffin down on plasma TVs

It won't be long before you won't need to auction a lung off in order to buy a 4K OLED TV, which means there's even less reason to buy a plasma than ever before. That's why LG has finally joined Samsung and Panasonic in taking the outdated business out back, shotgun in hand. According to Reuters, the company has quietly told local regulators that the plasma TV lines will cease production towards the end of November, leaving China's Changhong Electric Co. as the last manufacturer in town. Still, we'd certainly expect the price of plasmas to slip downward as the technology heads towards the exit door, so perhaps this holiday season is the ideal time to pick up a bargain.