James Delahunty
27 Jul 2011 15:12
Display maker bets on large-sized OLED.
LG Display chief executive Kwon Young-soo revealed that the company does not want to concentrate completely on small to medium sized AMOLED displays intended for use with mobile handsets or tablet PCs, and instead will look to bring large-sized OLED TVs to the market.
"Instead of investing in OLED displays for mobile applications, the company will now put all its efforts into large screen sizes for TVs," Kwon said. "LG-Display will launch a 55-inch OLED TV by the second half next year."
Initial volume will only be in the tens of thousands of units due to limitations of production facilities, with mass production expansion eyed shortly afterwards.
At the Consumer Electronics Show (CES) in Las Vegas this year, LG Display showed off a 31-inch OLED 3D display that gained considerable attention. OLED promises sublime picture quality and low-power consumption.