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February 17, 2008

Samsung, LG Gearing Up For OLED TV

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Samsung 31-Inch OLED TV Prototype

While it's expected that mass production of OLED TV's is at least 5 years in the future, Samsung and LG are gearing up for an early move into the OLED TV market by investing millions in the technology and setting up test lines to iron out the production quirks inherent in OLED displays currently. From a current market of 3 million units and $130 million in sales, the OLED industry is expected to grow to 70 million units and $2.5 billion in sales in the next 2 years. LG Electronics is currently looking into building a new plant exclusively for the production of OLED TV displays and Samsung is currently running a test line focusing on 20-inch OLED TV panels to determine if mass producing larger displays will be a reasonable expectation for next year's start of mass production. Of course, while Samsung and LG battle it out to have the first cost-efficient OLED TV production line up and running, Sony is first to market with an actual OLED TV with their 11-inch XEL-1.

Via The Korea Times

Read More in: OLED TV

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Posted by Justin Davey at February 17, 2008 5:31 AM

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