Sony to Upscale OLED Panel Investment
February 22, 2008
Following a previous announcement that the company would commercialize its 3mm-thick 11-inch OLED (Organic Light-Emitting Diode) TV - codenamed XEL-1 - by the end of 2007, Sony stated on February 19 that it will add an extra investment of 22 billion Yen (US$204.6 million; US$1 = 107.5 Yen) in the development of advanced OLED panel technology for use in OLED TVs measuring 20-inch and larger diagonally, Nikkei Microdevices reported.
Incorporating the advantages of quick response time, high brightness and wide viewing angle, the new 3mm-thick OLED TV reportedly boasts the capability of reducing power consumption by 40% compared with a commensurate LCD TV.
According to the Nikkei report, the investment will be made in the second half of fiscal 2008, which runs from April 2008 through March 31, 2009. Deliverables based on such technology are slated to enter mass production in fiscal 2009.