LG has officially launched a 42-inch OLED gaming TV model 42C4PCA, featuring “4K 120Hz” with an initial price of 8,499 yuan ($1196).
LG launches 42C4PCA 42-inch OLED gaming TV
According to reports, this TV is equipped with a 4K 120Hz (overclockable to 144Hz) panel with a response speed of 0.1ms. It is compatible with AMD FreeSync Premium and G-SYNC technology.
It is also equipped with Dynamic Tone Mapping Pro technology and has 20,000 image grayscale analysis blocks. Covers 100% DCI-P3 color gamut.
this TV is equipped with a9 AI audio and video chip, supports Wi-Fi 5 and Bluetooth 5.1, and is equipped with 4 HDMI 2.1 interfaces and 3 USB-A 2.0 interfaces.
Apart from that, South Korea’s LG Electronics has launched a dollar bond deal to raise $800 million, according to a term sheet seen by Reuters on Thursday.
A 3-year bond will raise $500 million while a 5-year sustainable bond will raise $300 million, the term sheet showed. LG Electronics did not respond to a request for comment sent outside of normal business hours.
The 3-year bond’s launch price was 3-year Treasuries plus 95 basis points while the 5-year price was 5-year Treasuries plus 110 basis points.
Initial price guidance given to potential investors earlier for the 3-year bond was 135 basis points over 3-year Treasuries while for the 5-year bond, it was 150 basis points over 5-year Treasuries.
LG Electronics is one of the largest home appliance and TV makers in the world. The company intends to use the cash raised from the 3-year bond for general operations, including investment, and refinancing maturing debt, the term sheet showed.
