Friday, March 13, 2009

LG fully focussed on OLEDs for the future

LG has decided that the credit crunch isn't a bad thing - it's a golden opportunity. It has vowed to increase spending on 'future growth engines', including a big look at OLEDs and solar cells. After being one of the earliest researchers of OLED tech, LG has seemingly scaled back its efforts in the burgeoning tech category, despite the arrival of an LG OLED TV being apparently imminent. But the company will commit more money into these future technologies, which also includes more efficient solar cells and batteries for electric cars. As you can see... futuristic. The main aim will be to improve the efficiency and yield rates of OLED tech, i.e. losing less panels during the manufacturing process, as this is currently one of the main reasons why OLED costs so much more than LCD on the market.

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