Toshiba has been one of the OLED supporters for some years but Toshiba has now announced that they have cancelled their plans to mass produce OLED, and wants to revise OLED plans. Instead Toshiba will focus on the LCD technology.

Toshiba shelves OLED for now
OLED-TVs are considered the next big display technology, but Toshiba has now shelved the plans to mass produce OLED.
 

Toshiba shelves OLED production for now

Toshiba says that the plans have been freezed and that the plans will now have to be reviewed. Instead Toshiba will focus on LCD-TV and their new Jacob Jensen Design TVs.

Toshiba and Panasonic has posted 191 million U.S. dollars in the construction of an OLED production line in Japan, focused on production for mobile phone displays. It’s unclear how Panasonic plans to react after Toshiba's announcement.

Still plenty of support for OLED
Even though Toshiba has shelved the plans for OLED mass production the technology still has support from major innovators such as Samsung, LG, and Sony. Many smaller manufacturers also believe in OLED for both displays and lighting solutions.

Source: Engadget