LG commenced selling a 55-inch OLED TV in South Korea that uses new display technology for $10,000.
The model featuring organic light-emitting diode, or OLED, technology is currently only available in Seoul, South Korea. LG will expand sales to North America, Europe and other Asian markets during the next three months. OLED technology uses less power than LCD displays and displays more vivid images. And costing more than double the average for an equivalent LCD set.