It’s reported with Panasonic will plan to launch its 40-inch OLED TV sets in 2011 because of the future of OLED looks promising. OLED is an advanced system of lighting that creates high quality TV picture with much less power consumption, moreover, it is organic and requires less efforts in managing.

The company is expecting to turn its Kyoto based semiconductor R&D laboratory, into a full-fledged OLED development centre with a huge investment of around GBP165 million.

The development of the large TVs is anticipated to be carried out in phases, however, the company has mentioned the plans of developing its Himeji based OLED plant.