LG Electronics is planning to introduce its first 97-inch OLED TVs next year. This is according to a report from local outlet The Korea Bizwire, which noted that the company had announced a plan to release such large-sized panels during an international forum. The largest OLED TV that LG currently sells is the LG SIGNATURE ZX 88 inch Class 8K Smart OLED TV, a display that costs $29,999.99.
From The Korea Bizwire:
To compete in the ultra large-sized TV market, LG has been mulling over releasing 100-inch models. Thus far, the largest OLED TV models have been 83 and 88 inches.
The primary reason why TV makers are releasing larger screen models is that the ultra large-sized TV market is growing at a blistering pace.
75 inch-plus models grabbed a share of 14.6 percent (value terms) in the global TV market in the first half of this year, up 4.4 percentage points from a year earlier, according to data from industry researcher Omdia.
Samsung will reportedly counter with a 99-inch TV that leverages micro LED, another advanced and similarly beautiful display technology that’s largely hyped for being immune to image retention or burn-in. Smaller models in the 88- and 76-inch range are expected to follow.
Source: The Korea Bizwire