CNET.com writes that Japan's Nikkei is reporting that Sony is dropping all development of OLED TVs in favor of cheaper, and easier-to-produce, 4K LED TVs. If true, the decision will effectively leave just one TV maker (LG) still supporting the ultra-thin OLED TV which many display experts say delivers the best picture on the market.
Samsung said last January that it will take "3 or 4 years" before OLED will be ready because of the difficulty in mass producing the set's amazingly thin panels which can be less than 0.20 inches in thickness. The company launched one 55-inch OLED TV, but even if you could find $9,000 to buy it, its availability is limited.
Sony actually launched an 11-inch OLED TV in 2008 and declared that the technology would be the next big thing. But the company struggled to manufacture a larger OLED model and ultimately abandoned the project. (Toshiba also dropped its OLED plans in 2010.)
However, after LG and Samsung vowed everyone by unveiling their 55-inch OLED TVs at the 2012 Consumer Electronics Show, Sony said it was back in the OLED game.
But it appears that Sony is out again and it's now up to LG to keep the a TV technology going that actually gets anyone who sees it very excited.
OLED, which stands for organic light-emitting diode, is used to manufacture everything from TVs to computer monitors to even small mobile devices. The OLED display works without a backlight which enables the OLED TV to be so thin.
The OLED TV also combines some of the best features of Plasma and LED sets, displaying deep blacks and high contrast levels. The result is that the OLED TV's eye-popping picture and sleek style is a real dazzler.