LG Ceases Production and Online Sales of Blu-ray Players
The Rise and Fall of Blu-ray LG entered the Blu-ray player market in 2006, capitalizing on the growing popularity of high-definition video content. The company’s initial offerings were met with positive reviews, with critics praising their user-friendly interfaces and impressive video quality. LG’s early success was largely attributed to its focus on value-for-money products, offering advanced features at competitive prices. In its first year, LG sold over 1 million Blu-ray players worldwide, making it one of the top three Blu-ray player manufacturers in the market....