20 February 2008 12:45 GMT / By Katie Scott
Sony has announced plans to pump 22 billion yen, which is around $203.5 million, into developing new technology for making medium to large organic light-emitting diode (OLED) panels.Sony unveiled its first OLED TV, the XEL-1, at CES earlier this year.
Samsung also brought out OLED models, and continues to be Sony's main rival in this area.
Reuters explains: "OLED displays use organic, or carbon-containing, compounds that emit light when electricity is applied. Unlike liquid crystal display panels they do not need backlighting, making OLED TVs slimmer and more energy-efficient".
However, Sony and Samsung alike have to crack the problems of creating large OLED panels.
Sony's existing OLED TV has an 11-inch screen. Home Cinema, Sony, OLED, Televisions
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