LGWRSherlock
New Member
Hi guys, great news from LG World Record. LG has started receving orders for the 55'' OLED TV in South Korea and will start shipping in early February. The TV is also expected to roll out globally in the first quarter of 2013, so much sooner than I thought! Here's the full article for your reading delight:
LG rolls out 55-inch OLED TV on home turf
South Korean home appliance giant LG Electronics Inc. said Wednesday it has started receiving orders for its 55-inch organic light-emitting diode (OLED) TVs in South Korea.
Consumers can apply for pre-orders of the 11 million won ($10,319) TV at 1,400 retail outlets across the country, with delivery set to start in early February, the company said in a press release.
LG plans to expand sales to major markets in Asia, Europe and the U.S. in the first quarter, an LG spokesman said, without further elaboration.
The move marks a belated breakthrough in the TV maker's plan to bolster its line-up. Global TV makers have been ramping up efforts to commercialize OLED TVs, which enable slimmer designs and more vivid images compared with liquid crystal displays that require a backlight.
Last year, Samsung Electronics Co. and LG Electronics competitively unveiled 55-inch OLED TVs with plans to roll out the product in the same year. Both companies, however, failed to mass produce the OLED TVs due to low production yields.
While mass production challenges and high retail prices remain hurdles for commercialization, OLED TV shipments are expected to reach 1.7 million units in 2014, according to research firm NPD DisplaySearch.
By 2016, the figure is forecast to hit 9 million units, claiming over 3 percent of the global TV market, according to the researcher. (Yonhap News)
Source: LG rolls out 55-inch OLED TV on home turf-The Korea Herald
LG WRman Sherlock out!

LG rolls out 55-inch OLED TV on home turf
South Korean home appliance giant LG Electronics Inc. said Wednesday it has started receiving orders for its 55-inch organic light-emitting diode (OLED) TVs in South Korea.
Consumers can apply for pre-orders of the 11 million won ($10,319) TV at 1,400 retail outlets across the country, with delivery set to start in early February, the company said in a press release.
LG plans to expand sales to major markets in Asia, Europe and the U.S. in the first quarter, an LG spokesman said, without further elaboration.
The move marks a belated breakthrough in the TV maker's plan to bolster its line-up. Global TV makers have been ramping up efforts to commercialize OLED TVs, which enable slimmer designs and more vivid images compared with liquid crystal displays that require a backlight.
Last year, Samsung Electronics Co. and LG Electronics competitively unveiled 55-inch OLED TVs with plans to roll out the product in the same year. Both companies, however, failed to mass produce the OLED TVs due to low production yields.
While mass production challenges and high retail prices remain hurdles for commercialization, OLED TV shipments are expected to reach 1.7 million units in 2014, according to research firm NPD DisplaySearch.
By 2016, the figure is forecast to hit 9 million units, claiming over 3 percent of the global TV market, according to the researcher. (Yonhap News)
Source: LG rolls out 55-inch OLED TV on home turf-The Korea Herald
LG WRman Sherlock out!