- According to South Korean business publication Maeil, LG will launch its first 55-inch OLED TV in May for about $8,000. The unit was originally slated for availability during the second half of 2012.
- New OLED TVs from LG and Samsung drew a great deal of attention at CES in January.
- If Maeil is correct, LG’s launch will beat competitor Samsung to market while capitalizing on the timing of the upcoming summer Olympic games.
- “What TV manufacturers desperately need right now is a luxury product with some big-time margin,” suggests Digital Trends. “The price erosion that has taken place with TVs over the past few years has brought the public to expect bargain prices, even on top-tier plasma and edge-lit LED displays. In order to justify charging big-time bucks again, the performance margin needs to grow proportionately. OLED provides that opportunity.”
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