Tuesday, March 27, 2012

First OLED HDTV from LG to Cost $8,000

LG 55EM9600People say the prices of HDTVs are going down, but I say nay, nay, mainly for the fact that new details have recently surfaced on LG's upcoming 55" OLED HDTV that the company debuted at CES back in January. The details state that LG will be officially unveiling this monstrous television at the upcoming Cannes Film Festival in May with a price tag that is enough to make Michael Bay do a double take.

According to the report, LG will supposedly be pricing the 55" screen, officially labeled as the 55EM9600, at 9 million Korean Won! Wait, what's that you say? You're not Korean and you don't know what a Won is? Well, 9 million Korean Won translates to about $8,000 US or £5,000 UK. Even though that seems utterly ridiculous to us average Joes, lots of tech industry professionals were expecting the set to debut at around $10,000.

This new set from LG will spark the first ever OLED wars, as Samsung is set to launch its very own Super OLED HDTV later on this year. Samsung's set is also a 55" OLED HDTV that is only 0.3" deep, the same depth as LG's 55EM9600. Samsung hasn't officially released a pricing scheme for this TV as of yet, though I would expect it to be very close to LG's pricing range. LG has already stated that it will determine in July whether or not to invest more capital into OLED TV production.

Source: ZDNet - LG's 55-inch OLED HDTV will cost $8,000 when introduced in May

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