For flat-panel televisions, the choice for years has been between plasma and LCD. This year consumers will be offered another choice, at least if they are prepared to spend big.
LG Electronics Inc says it is planning to sell a 55 inch television based on organic light--emitting diodes (OLEDs). The South Korean company is set to show off its new product at the International Consumer Electronics Show (CES) in Las Vegas, which starts on Tuesday next week.
Samsung Electronics Co, will reveal a nearly market-ready OLED television at the show, according to three people with knowledge of the matter. They spoke on condition of anonymity because Samsung has yet to make an announcement. Its Web site says that CES announcements will be made on Monday.
Tim Alessi, director of home electronics development at LG’s US arm, said its product would likely go on sale in the fourth quarter of the year. The company declined to reveal the price.
Paul Gagnon, an analyst at DisplaySearch, estimates that OLED televisions would start out above US$5,000.
The screen technology is already in use in high-end smartphones and provides deeply saturated colors and high contrast. However, it has proven difficult to make larger screens with consistent results. In late 2007, Sony Corp started selling an 11 inch OLED television for about US$2,500, but did not follow that up with a larger model.
Since then, LG and Samsung have shown prototype OLED televisions at the annual CES show, but have yet to unveil any marketing plans.
Apart from providing improved picture quality, OLED televisions can be very thin. LG’s set will be 4mm thick and weigh 7.5kg.
Malaysia is scrambling to protect its assets as the descendants of the last sultan of the remote Philippine region of Sulu look to enforce a US$15 billion arbitration award in a dispute over a colonial-era land deal. In 1878, two European colonists signed a deal with the sultan for the use of his territory in present-day Malaysia — an agreement that independent Malaysia honored until 2013, paying the monarch’s descendants about US$1,000 per year. Now, 144 years later after the original deal, Malaysia is on the hook for the second-largest arbitration award on record for stopping the payments after a bloody incursion
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