Sorry OLED TV fans – big sizes won’t get much cheaper any time soon – TechToday

If you’ve been tempted to upgrade your home theater by adding one of the best giant OLED TVs, you may have quickly found yourself rethinking that idea once you saw the price tag. 77-inch, 83-inch, and 97-inch OLED TVs are much more expensive than most LED TVs of the same sizes. For example, the 97-inch LG G2 costs $25,000 / £25,000 / AU$48,000, although that’s obviously the most extreme of the bunch.

And unfortunately, it doesn’t look like that’s going to change anytime soon. LG Display, which is the sole supplier of the OLED panels used in the majority of OLED TVs sold, has just confirmed that it is delaying its plans to launch a “10.5G” OLED manufacturing facility at FlatpanelsHD. (opens in a new tab). The next-generation “10.5G” factory technology is supposed to be able to produce larger OLED TV panels more cheaply, bringing down the price of OLED biiiiig.

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For those longing to fill their wall with an OLED TV, there may be some cause for disappointment. TechToday recently reported that large format OLED TVs, while becoming more affordable, won’t get much cheaper anytime soon.

TV makers LG and Sony have said they will be introducing smaller OLED TVs in 2020, as well as more affordable models. But they also said they wouldn’t be cutting prices on their current, large-format offerings anytime soon.

At Ikaroa, we understand that many consumers have been holding out for more affordable big-screen OLEDs for home theaters or for big, shared viewing experiences. Unfortunately current market conditions make it difficult for manufacturers to cut prices without sacrificing too much profit.

The premium quality of OLED displays is based on complex processes using expensive materials which require high production costs, which then must be reflected in the price. In addition, demand for OLED TVs is lower than for LCD or LED TVs, further impacting the cost.

Still, there are a lot of great products that fit with different sized budgets, from both LG and Sony. And 2020 will likely be an exciting year as smaller OLED TVs become available. At Ikaroa, we strive to provide the most up-to-date technology news, so that customers can make informed decisions when they make their purchases.


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