Sony to spend $200 mln on advanced panel technology

TOKYO (Reuters) - Japanese consumer electronics maker Sony Corp (6758.T: Quote, Profile, Research) said on Tuesday it will spend 22 billion yen ($203.5 million) to develop technology to make medium to large organic light-emitting diode (OLED) panels.

Sony launched the world's first TV using such panels in November at a price of 200,000 yen.

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Antan3804d ago

But i thought Sony were going bankrupt? had no money?

Gaara_7243804d ago

sont are probubly the richest companie in the world or in the top 10 anny way they made 10 billion more than m$ last year (i read a report some where on this site i think it was this 1?)

Fishy Fingers3804d ago

Sometimes it feels like ive spent 200 million on Sonys TV's....

Seriously though, i really want an OLED screen, i hope their prices come down quickly!

Mr Playboy3804d ago

I can't wait to see it in my room

Scenarist3804d ago

ive been waiting for these since i first read something about them 3 years ago,

2Negativecool3803d ago

Gimmie my 50" 3cm thick, 1,000,000:1 contrast ratio, 1080p HDTV NOW!!

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