Reuters: Technology News: LG Elec starts taking pre-orders for OLED TVs for Feb delivery

Reuters: Technology News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

LG Elec starts taking pre-orders for OLED TVs for Feb delivery Jan 2nd 2013, 00:10 Tweet Share this Email Print Related News Apple to drop patent claims against new Samsung phone Fri, Dec 28 2012 Samsung Electronics seeks U.S. sales ban on some Ericsson products Wed, Dec 26 2012 Patent agency rejects Apple "pinch-to-zoom" patent in initial ruling Thu, Dec 20 2012 Best Buy adding Vizio to stable of TV brands Wed, Dec 19 2012 Samsung drops attempt to ban Apple sales in Europe Tue, Dec 18 2012 Analysis & Opinion South Korea’s next leader will face a currency war The logo of LG Electronics is seen on a TV set displayed at a store in Seoul July 25, 2012. Credit: Reuters/Lee Jae-Won SEOUL | Tue Jan 1, 2013 7:10pm EST SEOUL (Reuters) - LG Electronics Inc started taking orders on Wednesday for organic light-emitting diode (OLED) televisions, hoping to take the initiative over its rival Samsung in the next-generation technology. LG and Samsung showcased 55-inch OLED TVs a year ago but, priced five times higher than liquid-crystal display (LCD) equivalents, they have yet to reach store shelves. The technology is considered the future of consumer electronics displays and promises to change the way people use TVs, computers, tablets and smartphones. OLED is more energy efficient and offers higher contrast images than LCD. It is so thin that future mobile devices will be unbreakable and will be able to be folded or rolled like paper. LG, the world's No.2 TV manufacturer, said it would start delivery of the new TVs from early February, with plans to display them at 1,400 retail outlets in South Korea. They would be launched in the U.S., Europe and other Asian markets during the first quarter of 2013. The 55-inch model would sell for 1.1 million won ($1,000)-- nearly four times that of LG's LED-backlit LCD model and around five times that of more common LCD versions. OLED displays are already used on Samsung's popular Galaxy S and Note smartphones. But OLED panel makers such as LG Display and Samsung Display have yet to address manufacturing challenges to lower costs to compete against LCD panels. ($1 = 1070.5750 Korean won) (Reporting by Miyoung Kim; Editing by Stephen Coates and Paul Tait) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions