Seiko Epson Eyes OLED TVs

OLED technology has seen limited use in cell phones, monitors and MP3 players, now TV's could be the next big step.

Seiko Epson plans to develop OLED (organic light emitting diode) technology within three years, to gain an edge in the market for screens manufactured for televisions and other entertainment applications, according to a company executive.

The Japanese manufacturer would like to develop new display panels that are technically competitive with and cheaper than current LCDs and PDPs (plasma display panels), says Tetsuya Mizuno, manager of Seiko Epson’s OL Business Planning Department.

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