Business & Finance

Samsung and LG in rare public battle about 3-D TV

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"It is unacceptable that LG claims that FPR is better than active shutter glasses when the whole world says otherwise," Kim said. Samsung has even published a print ad featuring a popular actor next to a small monkey, both wearing special glasses for 3-D viewing. The monkey's caption reads "Why is my 3-D TV not fully high-definition?" Samsung denies the monkey symbolises LG. LG was scheduled to hold a press event on Thursday to publicly compare the two companies' products to "clear up confusion among consumers". After the success of blockbusters such as Avatar, major TV manufacturers have scurried to produce better and more affordable 3-D home technology. Samsung Electronics was the world's top maker of 3-D TVs by shipments in the fourth quarter last year with a 37.2 percent stake, according to DisplaySearch. Japan's Sony and Panasonic respectively came next, followed by LG Electronics with 5.6 percent. Both the South Korean giants are battling for market share under new leaders. LG Electronics in September elevated founding family member Koo Bon-Joon to CEO after his predecessor quit over flagging earnings. Jay Y. Lee, the only son of Samsung chairman Lee Kun-Hee, was promoted to president of Samsung Electronics last December. Greg Oh, an analyst at HMC Investment and Securities, called the feud "psychological warfare" partly aimed at boosting each company's reputation among consumers less willing this year to buy new TVs.

"Demand for new TVs this year is deemed low as many consumers already own new LCD and PDP TVs so the firms may need something to boost their standing among consumers even slightly," he told AFP.

"But this whole marketing fuss attacking each other looks very childish, unproductive and incomprehensible."

Copyright AFP (Agence France-Presse), 2011