LG Electronics Inc. says it's planning to sell a 55-inch set based on organic light-emitting diodes, or OLEDs. The Korean company is set to show it off at the International Consumer Electronics Show in Las Vegas, which starts Jan. 10.Tim Alessi, director of home electronics development at LG's USA arm, said its set will likely go on sale in the fourth quarter. The company isn't revealing the price.Look at that! I'm not a techie by any means, but that sure as hell looks really cool. Check out the video below for some really cool LG OLED TV action! (Source)
Paul Gagnon, an analyst at DisplaySearch, estimates that OLED sets will start out above $5,000.
The screen technology is in use in high-end smartphones and provides deeply saturated colors and high contrast. However, it's been very difficult to make larger screens with consistent results. In late 2007, Sony Corp. started selling an 11-inch OLED TV for about $2,500, but it never followed it up with a bigger model.
Apart from providing improved picture quality, OLED TVs can be very thin. LG's set will be 4 millimeters thick (3/16ths of an inch) and weight 16.5 pounds.