LG plans to sell TVs that roll up like posters in 2019

FILE PHOTO: A woman looks at LG Electronics' organic light-emitting diode (OLED) TV sets, which are made with LG Display flat screens, at its store in Seoul, South Korea, April 26, 2016. REUTERS/Kim Hong-Ji/File Photo GLOBAL BUSINESS WEEK AHEAD

LG Electronics Inc plans to begin selling big-screen TVs next year that can be rolled up and put away like a poster, the centrepiece of an effort to revive an ailing business, according to a person familiar with the matter. 

The envisioned 65in TVs will retract automatically at the touch of a button like a garage door, the person said on condition of anonymity because it’s an internal matter. They will sport organic light-emitting diode or OLED screens, which produce crisper images and fold more easily than traditional LCD or liquid-crystal display panels.