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July 29, 2008

Matsushita, AKA Panasonic Corporation, Mass Producing 40-Inch OLED TV's By 2011?

sony-oled-tv.jpgWe're totally not surprised to see another bigscreen OLED TV rumor making its way across the world with the help of Japanese rag Nikkei Daily. Only a month after Panasonic denied rumors that they would begin pumping out 37-inch OLED TV's within three years, Matsushita (parent company of Panasonic, soon to be renamed Panasonic Corporation) is apparently set to test produce 40-inch OLED displays starting early next year, with mass production planned for 2011. The company has invested somewhere around $2.8 billion in the production plant which will mainly produce LCD displays, most likely raising part of the money from the Japanese government whom earlier this month stepped in to hasten the development of OLED technologies. Matsushita has declined to comment on the rumor in any detail so far, only verifying that they are working on OLED technology at the rumored production plant.

Via OLED Display (Thanks Erich!)

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Posted by Justin Davey at July 29, 2008 4:56 AM

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