In an interesting story about how LG Electronics' OLED quality control - and how the company tests its OLED TVs before shipping, the Korean company also reveals that its latest OLED TVs feature a lifetime of 100,000 hours - or 30 years of 10 hours per day. In 2013, LG's OLED panels had a lifespan of about 36,000.

In the same article, IHS is quoted saying that LGE sold 113,000 OLED TVs in Q1 2016, which is 96.4% of the market - which means that LGD produced about 117,000 TV panels. A couple of months ago LG Display itself said that it has shipped "less than 200,000 OLED TVs in Q1" - but it is still on track to sell around a million panels in 2016.

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How do they define lifespan?

Just out of curiosity. How do they define lifespan? Do the internal electronics still work or are all (or 99% of) the individual pixels still producing color within a certain bandwith (i.e. - OLED degredation)?

OLED Panel Q.C. Failure rates

I understand there has been a high failure rate in the production of T.V. panels, hence the high prices for the 55" and 65" T.V sets. L.G. have reduced this failure rate significantly in recent times.As a consumer and advocate of OLED technology, when are we likely to see lower prices.As there is no competition, I guess prices will remain high in the foreseeable future. I have a top quality Plasma screen with an outstanding rendition of colours, particularly skin tones. Only an OLED screen can render perfect skin tones with other colours looking very natural.My next purchase will definitely be an OLED T.V, hopefully at a lower price than now.

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