updated 10:00 am EDT, Fri July 17, 2009
LG 32-inch OLED TV by 2012
LG Display's CEO on Friday said his company plans to build 32-inch organic light emitting diode (OLED) television panels in 2012. Products using the technology are becoming more common, as OLED products do not require a backlight, which means they can be much thinner than conventional LCD or plasma displays, while offering improved brightness and deeper black levels.
"We will focus on TV panels rather than cell phone panels because the larger the display, the more efficient the OLED technology," said CEO Kwon Young-soo in a meeting with reporters. The new revenue stream will require added resources, and to this end, LG will hire some 1,700 employees for the new venture, Young-soo said.
Exactly one month ago, LG announced it would bring a 15-inch OLED TV to market before year's end. Thus far, only Sony markets an OLED TV in North America with its 11-inch XEL-1, though the giant has shown a 21-inch prototype earlier this year.