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LG Postpones OLED TV Shipments to Second Half From March

LG Electronics postponed the U.S. launch of its 55-inch OLED TV to the second half, as supplier LG Display works to improve what have been 40 percent yields for the panels, LG Electronics Senior Marketing Manager Paul Lee told us.  LG Electronics was to have delivered its 55-inch OLED TV in March at $12,000, the company said at CES.


LG Display has been making the OLED panels on 5.5-generation and 8th-generation lines and has started fulfilling some pre-orders in South Korea, LG officials have said.  With availability of OLED panels expected to be tight this year, LG will limit distribution to the U.S. and South Korean markets, Lee said.


"We will have it in the second half of the year" as LG Display has assured LG Electronics that ... Log in to view full article.

Article Date: 04/05/2013
Word Count: 689

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