There are reports that LG Electronics plans to launch their 55″ OLED TV in May during the Cannes film festival. The TV will cost 9 million Won – or about $7,900 (this is consistant with DisplaySearch’s estimates ). LGE originally planned to launch it during the London Olympics in July , but the company wants to be the first out with an OLED TV and so accelerated the production schedule. The company will make a decision on further OLED investment in July, after judging the first consumer reactions. LG’s 55″ 55EM9600 is using a WOLED-CF design on an Oxide-TFT backplane. The panel is only 4mm thick, and the whole TV weighs just 7.5Kg. LG Display can currently make around 48,000 monthly 55″ panels in their pilot 8.5-Gen production line. read more

Excerpt from:
LG to launch their 55" OLED TV in May for around $7,900

Related Posts:

  1. LG to launch their OLED TV on Wednesday (May 23) in Monte Carlo?
    Back in March it was reported that LG plans to officially launch their 55" OLED TV during the Cannes...
  2. LG Display to start making OLED TV panels in July, capacity will be 48,000 units a month
    LG Display says that they will begin production in their 8.5-Gen plant in July, making 8,000 monthly substrates -...
  3. LG and designboom launch a new OLED lighting contest
    LG Chem, LG Electronics and Designboom teamed up for a new OLED lighting design competition. The first category will...