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LG to start global sales of OLED TVs with AI platform

Apr 16,2018
LG Electronics said Sunday it will start global sales of the 2018 editions of its OLED TVs, which are equipped with its artificial intelligence (AI) platform DeepThinQ, this week.

The Korean tech giant said the new OLED TVs will hit the U.S. market on Monday, and gradually expand to countries in Europe, South America and Asia down the road.

LG Electronics said it will display the OLED TVs at some 500 branches of U.S. retailer Best Buy, showcasing the company’s latest Alpha 9 processor that delivers improved resolutions by optimizing color through AI technology.

The company said the global market for OLED TVs is expected to reach 2.5 million units this year, rising sharply from 1.6 million units in 2017.

In response to the rising demand, LG said it plans to expand the portion of OLED TVs in its portfolio to 20 percent in 2018, up from last year’s 15 percent.