Sony pulls the plug on OLED TV
$2000 for an 11″ TV set
Sony Corp has pulled the plug in Japan on sales of a next-generation flat TV due to sluggish demand, a setback for a product the company had trumpeted as a sign of its revival as an innovator.
Sony said it had stopped production of ultra-thin TVs using organic light-emitting diode (OLED) technology for Japan, just a little over 2 years since it launched its first set. It plans to keep selling the TVs in overseas markets, a spokesman said…
Apparently, Sony thinks everyone else in the world is too dumb to notice the price vs. utility.
Sony has aimed to become a leader in the technology and positioned the product as crucial in its drive to regain its reputation as an innovator after losing out to Apple Inc in portable music and Nintendo in video games.
“I want this world’s first OLED TV to be the symbol of the revival of Sony’s technological prowess. I want this to be the flag under which we charge forwards to turn the fortunes around,” then president Ryoji Chubachi told a briefing in October 2007…
Sony did not disclose how many OLED TV sets it has sold. DisplaySearch said it estimates worldwide shipments of about 2,000 Sony OLED TVs in 2009.