OLED TVs Save On Energy But Not Yet Cost Efficient, Says Sony

Although the adoption of LCD TVs can halve the electricity consumed by traditional CRTs, LCD TVs still account for about 70% of the electricity used by household appliances, according to Sony executive deputy president Katsumi Ihara. Ihara noted that Sony's desire to reduce the consumption of energy was a contributing factor in its drive to develop OLED TVs, as OLEDs have the potential to reduce electric consumption by 40% compared with LCD TVs.

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