LG To Bring 55-Inch OLED TV To Market In 2012

There have been a few OLED TVs on the market so far. Sony had its OLED a few years back, but the set was so expensive that it never took off thanks to that price. Eventually the cost of the OLED panels will come down and we will see the TVs on the market at prices consumers might be willing to pay. The sets promise better image quality, thinner profiles, and less power consumption.

LG has announced that it will be tossing a 55-inch OLED TV onto the market in mid-2012. LG's CEO noted that the company would not focus on small and medium size OLED screens for the tablet and smartphone. CEO Kwon Young-Soo thinks that the AH-IPS panels currently in use are best suited to those smaller screens. That leaves the OLED for TVs like the 32-inch set that surfaced back during CES from LG.

The initial production of the OLED sets will be in the tens of thousands due to the limited production faculties. LG makes the glass sheets that are used in the panels and plans to expand its production to 12,000 sheets in the second half of 2011 from the 4,000 sheets of glass produced now each month for OLED panels. LG competitor Samsung is set to test production for 32-inch panels for OLED sets in the second half of 2012.

[via OLED-Display]