LG will begin shipping its 55-inch 1080p (1920 x 1080 pixels) OLED television in February for a cool $10,300.
The massive television set is the currently the world's largest OLED TV panel. It is powered by Oxide TFT technology, which is considered significantly more cost effective than Amorphous Silicon with Oxide found in other OLED sets.
The new TV weighs in at less than 22 pounds, measures 0.16 inches thin and incorporates White OLED (WOLED), which emits white color light from the diode, facilitating a lower error rate and a clearer Ultra Definition screen.
In other LG news, the company is slated to showcase a variety of additional television sets at CES 2013 in Las Vegas this January, including three plasma sets with screens ranging from 42 to 60 inches.
All of the new TVs announced by LG use LED backlighting, with no CCFL technology to be found.
LG will also be showing off a lineup of smart TVs with an updated Magic Remoteand Natural Language Command capabilities. Many of the TVs feature integrated NFC technology supporting Tag On, a protocol which facilitates the easy wireless transfer of content from smartphones to a TV.
In addition, the new LG smart TVs are loaded with upgraded processors, promising 120% more speed and a 300% GPU performance increase.
And last, but certainly not least, LG is slated to display a massive 84-inch ultra HD 4K television at the event, which will undoubtedly be far from cheap and targeted at a niche audience, at least initially.
Indeed, similarly sized 4k TVs from other manufacturers have hit store shelves for tens of thousands of dollars.