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The companies said they aim to establish mass-production technology during 2013 "by integrating their unique technologies to improve the overall efficiency of development."
The agreement is another sign that TV makers believe that the ultra-thin OLED TV could revitalize TV sales in the coming years. The set, which can measure less than a quarter-inch in width, also boasts more vivid colors and sharper contrast than today's LCD, LED and Plasma sets.
While LG and Samsung will introduce 55-inch model OLED sets this fall, they are expected to cost up to $10,000. Consequently, most analysts agree that OLED won't be a mass product for at least a few years.
Ironically, Sony launched the world's first OLED TV in 2007 with an 11-inch model. But the company seems to lose interest in OLED until LG and Samsung introduced their 55-inch OLED models last January at the Consumer Electronics Show.
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