OLED TV shipments to reach 120,000 units in 2010

Shipments of OLED TVs will rocket from 2,000 units in 2007 to 18,000 units in 2008, while further shooting up to 50,000 units in 2009 and 120,000 units in 2010, according to Digitimes Research.

OLED technology has been a hot area lately, with Matsushita Electric Industrial, Canon, and Hitachi recently announcing they would be working together for OLED development, and Sony release of the world's first OLED TV on November 22.

However, OLED TVs remain a niche market and the technology still lags other flat panel TV technologies in terms of production costs, yields, and the ability to scale the technology to larger sized panels. Full artcile here: Digitimes.