Report: Matsushita works on new display

AP News writes: "Matsushita Electric Industrial Co. will begin test production of next-generation displays for TVs next year with plans for commercial output as early as 2011, Japan's top business newspaper reported Tuesday.

Competition is heating up among the world's electronics makers, including Japanese rival Sony Corp. and Samsung Electronics Co. of South Korea, in OLED, or organic light-emitting diode, displays.

Matsushita has already said OLED technology is in the works at its planned display plant in Japan - the company's second here - which will mainly make liquid crystal displays already common in flat-panel TVs."

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