Toshiba Cancels OLED TV Release For 2009

Toshiba has delayed to plans to sell OLED TV's by 2009-2010 as originally planned. Back in April, Toshiba announced plans to begin marketing 30-inch OLED TV's by March 2010, but the costs of mass production are currently too high for that to be a reality. The company will focus on commercializing OLED displays for cellphones next year and continue to monitor the market for a better time to hit the OLED TV scene. High production costs are the reason only 2000 Sony XEL-1 units per month are available in Japan despite much higher demand for the 11-inch wonder. OLED, which stands for organic light-emitting diode, displays are of interest to both television manufacturers and consumers because they are lighter, brighter, thinner and more energy efficient than the LCD and plasma displays currently on the market.

Via The Guardian

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Posted by Justin Davey at December 11, 2007 5:22 AM