Toshibas President and CEO Atsutoshi Nishida said at a management policy meeting that his company want to release an organic EL (electroluminescence TV (OLED-TV) product with 30-inch in 2009.

Toshiba expects TMD to manufacture the panels that will be applied for its organic EL TV, according to the company's PR department. Toshiba, however, is yet to specify neither when the construction and operation of its organic EL panel plant will start nor the value of total investment at present. Commenting on the organic EL's competitiveness in the TV market, Nishida stated, "We don't expect that the organic EL can compete from the beginning on the equal footing with the LCD TV, which is released from many manufacturers across the world, but we believe its superiority will be recognized as production volume rises." full article