LG 55-inch OLED TV Expected to Cost Slightly Less Than $8000

Mar 27 2012, 2:08pm CDT | by , in News | Home Entertainment

LG 55-inch OLED TV Expected to Cost Slightly Less Than $8000
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Too expensive to succeed?

There's never been any doubt in my mind that an OLED TV will provide a better image with better colors and a sharper picture. The big question for me has always been how much these large-screen OLED TV sets will cost and if they'll be worth the money. A new rumor has surfaced that says LG will be the first to market with a 55-inch OLED TV this May.

According to the rumor LG wants to be the first on the market with an OLED set and will launch the TV during the Cannes Film Festival. LG was previously expected to launch the TV during the Olympics this summer. The big downside is the TV is rumored to cost about $7900. That is pretty much my worst-case scenario and I don't see the TV selling in this economy.

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