Sony Halts OLED TV Sales in Japan

Today the OLED screens used in TVs are hard to mass produce and have high defective rates making them expensive to produce. Sony also now has competition in the OLED TV market from rival electronics firms. Sony announced this week that it is pulling the plug on its OLED TV in Japan. Sony cites sluggish demand as the main reason for stopping sales reports Reuters. Sony does plan to continue selling the XEL-1 in America and Europe.

OLED TVs promise significant improvements over LCD sets for users with less power consumption, thinner screens, and better image quality. The problem is that the screens are difficult to make and expensive to produce.