LG: OLED will fall to LCD price levels by 2016

LG: OLED will fall to LCD price levels by 2016

Posted on 30. Oct, 2009 by admin in Home Entertainments


LG OLED TV

LG's 15-inch OLED TV, which is set to go on sale in Korea by December.


(Credit:
Erica Ogg/CNET)

On the heels of announcing a 15-inch OLED display going on sale in Korea this December, LG predicts that prices for panels using the coveted technology will fall below those of LCD panels in seven years.


"Forty-inch and larger OLED panels will be fairly expensive in 2012, but they will be available in the market," said Won Kim, VP of OLED sales and marketing, at a trade show in Japan yesterday. "OLED panels will cost less than LCD panels in 2016."


Allow me to dissect that prediction for a moment. Calling the affordability of any technology so far in advance is pretty bold, but seven years is a long time and a lot can happen between now and then. But I think the main message to be gleaned from Kim's words for customers watching the market and still waiting for OLED is: don't.



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LG: OLED will fall to LCD price levels by 2016

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