LG Said To Plan Selling OLED TVs For More Than $9,000 In U.S.

LG OLED TV EM9700 Frontal & Temporal, Credit: Gosugadget

LG Electronics Inc., one of the world’s largest television makers plans to produce and sell 50,000 55-inch organic light-emitting diode (OLED) televisions this year, a senior company executive said. LG will sell the premium OLED sets to key markets such as the Middle East, Europe and the United States, as well as Singapore and Australia for a whopping price of US$9,000 or more. LG can’t charge less for the organic light-emitting diode TVs because production costs are too high, one of the people said. LG hasn’t made a decision on pricing yet, Im Seung Kyoo, a spokesman for the Seoul-based company.

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