LG Electronics will be unveiling the world’s thinnest LED LCD  TV at the CES 2009 conference in Las Vegas.   The TV will be 24.8 mm in thickness and will support 240Hz TrueMotion Drive technology.  The contrast ratio is 2,000,000:1.  This TV won the 2009 CES Innovation Award in the Display category.  LG is on a roll.  Earlier it was announced that they will be launching the LG-GD910, the first 3G HSDPA phone with video capabilities built into a watch.

LG Electronics will be unveiling a new type of extraordinary phone next month at the World Consumer Electronics Show (CES) 2009.  LG Korea has created the LG-GD910, the first 3G HSDPA phone with video call capabilities in the form of a watch.

The watch has a 1.43″ color touchscreen LCD with Text To Speech, and an MP3 player.  The watch will be made available to consumers in Korea and Europe.  The phone is waterproof, Bluetooth compatible, and has a speakerphone.

For all of you James Bond enthusiasts, this is a must have.

As Apple is gearing to introduce new movie services at Macworld, Netflix is preparing itself to face the potential competition.  Netflix is removing the limit for how long users can watch movies online through high-speed connections.  Netflix will introduce this change tomorrow.  Macworld takes place on Tuesday and the media is speculating that Jobs will introduce new movie content via iTunes.

Depending on each subscriber’s plan, Netflix subscribers could watch a certain number of hours online at a time.  For example, subscribers who pay $16.99/month is able to rent 3 movies at a time and can watch 17 hours of streaming movies per month.  This service is called “Watch Instantly.”  But with the new service Netflix is offering, subscribers can watch as much as they want to online. 

One thing that I can appreciate about Netflix is their ability to take on the big players.  Everytime they add a feature, Netflix retaliates.  Blockbuster starts mailing DVDs and gives the ability to return them in the stores; Netflix reduces their prices, adds the online streaming service, and expands their movie selection faster.  Apple makes deals with big movie companies and plans to add movie rental services; Netflix responds by adding the unlimited streaming services.  I’m definetely a happy Netflix customer.

Netflix is also partnering with LG Electronics on an initiative that brings the ability to stream movies from the Internet directly to HDTVs. 

“Internet to the TV is a huge opportunity,” stated Reed Hastings, Netflix’s founder, Chairman, and CEO. “Netflix explored also offering its own Netflix-branded set-top boxes but we concluded that familiar consumer electronics devices from industry leaders like LG Electronics are a better consumer solution for getting the Internet to the TV.”

[Information Source: TradingMarkets.com]