OLED TV research and development recently received a big boost from the Japanese government. Sony, Sharp, Toshiba and other Japanese consumer electronics companies are to get government funding to help the development of big-screen OLED TVs.

¥700m /$6.6m will be available to the companies from NEDO, a Japanese government agency that funds the development of emerging technologies. The funding will be provided over the next five years to March 2013.

Full story at: reghardware.com