LG agrees to construct Bang & Olufsen's expensive TVs

LG agrees to build Bang & Olufsen's pricey TVs

Flickr / Jimmy Baikovicius

Even in case you actually love Danish design, $eight,000 is insane for a fifty five-inch Bang & Olufsen 4K TV, since a superior OLED mannequin from LG prices about three grand. B&O might have although the identical factor, as a result of it determined to outsource its tv manufacturing to LG Electronics. Whereas it is nonetheless chargeable for the design and acoustics, LG will take take over improvement and manufacturing, saving B&O one hundred fifty million kroner ($23 million) over three years. “We have been dropping vital quantities of cash on creating and constructing the TVs as a result of we’re sub-scale.” CEO Tue Mantoni tells Bloomberg. “We make about 30,000 TVs a yr and LG produces about forty million.”

Bang & Olufsen is rumored to be mulling a sale to an unknown get together, however hasn’t introduced a deal but. Regardless of that, the corporate introduced quite a lot of merchandise final yr, together with the A6 WiFi speaker, BeoLink Multiroom audio system and even a Bluetooth speaker. There are not any particulars on what sort of TVs LG will construct for the corporate, however we might be disenchanted if it was something lower than a motorized OLED 4K mannequin oozing minimalist type.

Supply: Reuters
Protection: Bloomberg
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