Sony may offer OLED TVs in Europe in 2009: Nikkei
Posted on Wed, 13 Aug 2008 01:18:03 CDT | by Luigi Lugmayr
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TOKYO (Reuters) - Sony Corp plans to sell ultra-thin television based on organic
light-emitting diode technology as early as in 2009 in Europe, the world's
largest flat TV market, the Nikkei business daily said on Wednesday.
OLED TVs, which are thinner and more energy efficient, offer brighter colors
than liquid crystal display (LCD) and plasma sets, are expected to be a
promising next-generation flat TV.
Sony started selling the world's first OLED TVs in Japan late last year, and in
the United States early this year. The 11-inch model, which is just 3 mm thick,
sells for 200,000 yen ($1,830) in Japan.
Europe and North America are the two largest markets for Sony's LCD TV
operations.
A Sony spokesman said the company was considering launching OLED TVs in Europe
but declined to comment on the specific timing.
Research firm DisplaySearch expects global OLED TV demand to grow 14-fold to 2.8
million units by 2012 from an estimated 200,000 units in 2009.
That compares with 40 percent growth for LCD TVs during the same period,
although projected LCD TV demand in unit terms of 178.9 million for 2012 dwarfs
that of OLED models. Shares in Sony, the world's No.2 LCD TV maker behind
Samsung Electronics Co Ltd , were down 3.2 percent at 4,200 yen by midday,
underperforming the Tokyo stock market's electrical machinery index , which fell
2.2 percent.
(Reporting by Kiyoshi Takenaka; Editing by Hugh Lawson)
© Copyright 2008 Reuters.
Posted on Wed, 13 Aug 2008 01:18:03 CDT | by Luigi Lugmayr
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