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Just after the news that Mitsubishi Electric will display the 149-inch OLED TV, and from overseas, LG announced that it will mass-produce 20-inch OLED panels this year, and 40-inch large-screen OLED TVs will be mass-produced next year.
Compared to LED-backlit LCDs, OLED products offer higher image quality and are very slim and can be only a few millimeters thick.
The LG 15-inch OLED display already on the market has a contrast ratio of 100,000:1, with 98% NTSC color gamut, and is very expensive up to $2,500. 