Despite the current state of the economy, Panasonic has confirmed that it will release an OLED TV within 2 years.

According to smarthouse.com.au Panasonic figures that they can do a better job than Sony and produce a Panasonic OLED TV with a 37″ screen and a lifespan of up to 50,000 hours.

These new Panasonic OLED TVs are to be built at the IPS Alpha factory and may be produced in a partnership with Toshiba.

There seems to be more positive OLED TV news the past few weeks. Can’t wait to see one of the larger sized OLEDs in the stores.

Despite high hopes for any OLED TV with a screen size larger than the 11″ Sony XEL-1, none are forthcoming.

Both Panasonic and LG have announced in the last year that they would have 37″ and 15″ OLED TVs available within the next year or two but I’ll believe that when I see it.

Samsung just  told European journalists at its 2009 European Forum that consumers expecting an OLED television from the company anytime soon shouldn’t hold their breath.

“We still have several issues to overcome in terms of cost and production”, said a HS Kim, vice president in charge of Flat Panel Development at Samsung when asked when the company would be releasing an OLED television.

Confirming statements made earlier by Kim in 2008, the big cheese at the company’s TV department said “It will be four or five years before OLED is mainstream”.

The company recently showed off Samsung OLED TV prototypes at CES in Las Vegas in January.

With the recent cancellation of the Pioneer Kuro Plasma TV line, there is a real gap at the top end of flat panel displays. Who will fill it? Canon with SED TV? FET with FED TV? Wait and see. I don’t see too many new OLED TV reviews coming this year.

Thanks to pocket-lint.com