While detailing its Q2 results, LG reportedly revealed that it’s set on bringing out a 55 inch OLED TV next year, according to What Hi-Fi magazine. It is anticipated the 55 inch set will be costing in excess of 15 grand.
The company reckons it won’t be mass producing these yet, but there will be a decent volume of the TV knocked out for rich buyers who can affors to sink that much into their display. LG Display CEO Kwon Young-soo told the assembled reporters: “Initial production volume would be only tens of thousands of units due to limited production facilities, but we will expand them to a mass production system, observing market reactions.”
Apparently smaller OLED displays and tablet screens have just not proved profitable enough, so LG is speculatively hoping to open up the large screen market.