LG to launch their 55" OLED TV in May for around $7,900

OLED-Info: There are reports that LG Electronics plans to launch their 55" OLED TV in May during the Cannes film festival. The TV will cost 9 million Won - or about $7,900 (this is consistant with DisplaySearch's estimates). LGE originally planned to launch it during the London Olympics in July, but the company wants to be the first out with an OLED TV and so accelerated the production schedule. The company will make a decision on further OLED investment in July, after judging the first consumer reactions.

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