Press Esc to close

LG Electronics unveils world's first 55-inch TV

Seoul, Jan 2, 2012, (IANS): 13:54 IST
LG Electronics, South Korea's consumer electronics giant has started receiving pre-orders for the world's first 55-inch organic light-emitting diode (OLED) TV on its home turf, the company said Wednesday.|

Consumers in Seoul can apply for the 11 million won ($10,336) TV at 1,400 retail outlets across the country, with the delivery set to begin in early February, reported Xinhua citing an e-mailed statement.

LG said it came to seize the initiative in the next-generation TV market by rolling out the world's first 55-inch OLED TV, after releasing the 84-inch Ultra High Definition (UHD) TV last year.

To lead the next-generation Ultra HD TV market, the company plans to expand sales of the OLED TV to North America, Europe and Asia during the first quarter.

Global shipments of OLED TV were expected to stand merely at 50,000 in 2013, but they were estimated to surge 144 times to 7.2 million units in 2016, according to the IT information provider DisplaySearch.

Go to Top

More from this section
Most trending stories
Photo Gallery
A worker applies colour to strings which will be used to fly kites, by a roadside in Ahmedabad...

A worker applies colour to strings which will be used to fly kites, by a roadside in Ahmedabad...

A girl collecting fallen Chinar leaves at a Mughal Garden on the out skirts of Srinagar...

A girl collecting fallen Chinar leaves at a Mughal Garden on the out skirts of Srinagar...

Prakash Raj speaks during a press conference to launch a campaign against the social media troll...

Prakash Raj speaks during a press conference to launch a campaign against the social media troll...

Virat Kohli during a practice session in Nagpur ahead of the 2nd test match...

Virat Kohli during a practice session in Nagpur ahead of the 2nd test match...

Bhuvneshwar Kumar during his marriage with the childhood friend Nupur Nagar....

Bhuvneshwar Kumar during his marriage with the childhood friend Nupur Nagar....

Hockey prayers during their first practice session at the Kalinga stadium...

Hockey prayers during their first practice session at the Kalinga stadium...

Yuki Bhambri of India plays against compatriot Prajnesh Gunneswaran...

Yuki Bhambri of India plays against compatriot Prajnesh Gunneswaran...

Sikh devotees paying obeisance at the Golden Temple on the martyrdom day of Guru Tegh Bahadur...

Sikh devotees paying obeisance at the Golden Temple on the martyrdom day of Guru Tegh Bahadur...

Vehicles moving at snow clad road after snowfall in Lahau...

Vehicles moving at snow clad road after snowfall in Lahau...

Sehwag and Kaif at the announcement of the inaugural edition of St. Moritz Ice Cricket...

Sehwag and Kaif at the announcement of the inaugural edition of St. Moritz Ice Cricket...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.