Tuesday, June 24, 2008

Masushita to produce 37-inch OLED TVs in 3 years

Japan's Matsushita Electric Industrial Co is finalising plans to mass-produce 37-inch organic light-emitting diode TVs in three years, aiming to overtake rivals in the next-generation flat-TV race, the Sankei Shimbun daily reported on Tuesday. The newspaper said that Matsushita would be the first to mass-produce OLED TVs of over 30 inches, and that the company aimed to challenge Samsung Electronics for the top share in the global flat-TV market. The paper also said Matsushita would likely start selling the OLED TVs for around 150,000 yen ($1,390). Full article here: Reuters

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