LG (066570) on Thursday revealed that more than 100 people have preordered its new 55-inch OLED HDTV in the past six weeks, Reuters reported. Organic light-emitting diode (OLED) technology is seen as the future of high-definition displays and is expected to replace traditional liquid-crystal display (LCD) TVs in the coming years, however LG’s OLED models costs up to five times more than comparable LCD flat-screens. LG is looking to turn its TV business around in 2013 and is aiming to increase flat-panel TV shipments by 15%. The company’s next-generation 55-inch OLED HDTV will be available starting Monday for $10,000.
This article was originally published on BGR.com