LG beats rivals in race to sell new OLED TVs
By The Associated Press
Published: Thursday, January 3, 2013, 12:01 a.m.
Updated: Tuesday, February 19, 2013
LG Electronics Inc. started taking pre-orders on Wednesday for the world's first big TVs that use an advanced display technology promising startlingly clear images on wafer-thin screens.
The South Korean company said the 55-inch TVs, which use a technology called “OLED” and have a price tag of $10,335, will be delivered to buyers in its home market next month. The new TVs will be available in North America, Europe and the rest of Asia before the end of March, LG said in a statement.
LG's announcement is the culmination of a race by electronics makers to be the first to deliver the sets that began in 2007 when Sony Corp. showed off the world's first OLED TV, which had an 11-inch screen.
- Stock market ends week with loss
- Rue21 to be taken private in $1.1B deal
- Profit drops 29 percent in first quarter at American Eagle Outfitters
- Pa. jobless rate declines as fewer look for work
- Westinghouse hires regional president
- PPG Corning bankruptcy plan receives preliminary approval
- Dick’s earnings rise 13 percent, but sales disappoint
- ImPAct Awards go to 5 in Pittsburgh region
- Chrysler CEO sorry for ethnic slur
- Markets whipsaw as investors reassess Fed fears
- Planning your escape from cable? Here’s what you’ll need to know
You must be signed in to add comments
To comment, click the Sign in or sign up at the very top of this page.
Subscribe today! Click here for our subscription offers.