Panasonic (PC) and Sony (SNE) are reportedly in talks to form a JV that would produce OLED TVs,...

|About: Panasonic Corp. ADR (PCRFY)|By:, SA News Editor

Panasonic (PC) and Sony (SNE) are reportedly in talks to form a JV that would produce OLED TVs, with the goal of commercializing sets by 2015. Though offering superior image quality and lower power consumption than LCD TVs, progress in mass-producing OLED sets at a reasonable price has been slow, much to the chagrin of Universal Display (PANL). Nonethless, LG and Samsung OLED TVs are due in the coming months. (previous)