Tuesday, December 11, 2007

Toshiba and Matsushita out of OLED TV race

According to Japanese business paper the Nikkei, Toshiba and Matsushita's much-vaunted plans to join Sony in the OLED TV market have been shelved after problems moving from the research lab to mass production.

After finding trouble getting production efficiency to a level that could be commercialised, the Toshiba Matsushita Display Technology joint venture has decided to postpone its promised 30-inch OLED television set that was planned for 2009.

Instead, it will concentrate on smaller OLED screens for mobile phones and portable media players, according to the report. Should the experience prepare it to compete in the promising OLED TV field, we expect the firm to focus on the 25- to 35-inch sector of the market within five years. Full article here: Tech.co.uk

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