Samsung First OLED TV Launched at US for 13000$

Samsung First OLED TV Launched at US 13000$

 

Samsung, the world’s biggest TV manufacturer, has placed a $13,000 price tag on its first curved super-thin OLED television to go on sale in South Korea. It is more than five times the cost of LCD televisions of the same size, but similarly priced as rival LG Electronics Inc.

 Organic light-emitting diode (OLED) technology has long been touted as the future of consumer electronics displays, offering crisper picture resolution, a faster response time and high contrast images. It also allows for curved televisions, which manufacturers say offer a more immersive TV experience.

By 2004 Samsung was the world’s largest manufacturer of OLEDs, with a 40 percent market share worldwide and as of 2010 had a 98% share of the global AMOLED market. The company generated $100.2 million out of the total $475 million revenues in the global OLED market in 2006. In 2009, Samsung sold around 31 million flat-panel televisions, enabling to it to maintain the world’s largest market share for a fourth consecutive year.