LG: First 55″ OLED TV to Hit the Market


Some were expecting Samsung to be the first, but LG has taken it upon themselves to get the first 55″ OLED TV out the door. LG has been a major competitor to Samsung in recent years, and it looks like it is going to be heating up as this newer technology starts rolling out into consumer’s hands. The major downside is that since this is the first 55″ OLED TV to be released, there is a premium price associated with model, for this new 55″ OLED TV costs a whopping $12,000.

However, according to many analysts, the price of OLED TVs will be on par with today’s TVs by 2015. And, in 2016, OLED TVs are actually expected to be cheaper than LCDs. In addition, later this year, this particular model will see a modest price drop to around $5,000 to $7,000. According to the chart below, the average amount of units expected to ship is estimated to be 2.1 million units in 2015. So, as the availability, volume, and distribution capability increases, the prices for OLED TVs will drop as a result.


Samsung is expect to release their own OLED TV sometime later this year. Also, don’t forget that Sony and Panasonic are teaming up to release OLED TVs sometime later this year or in 2014.

OLED TVs are better than LCD or LED LCD displays in that they have 1uS response times, better contrast, better viewing angles, better color reproduction, thinner, can be flexible, and can also be more energy efficient.

Sources: LG.com, Dailytech.com, CNET.com