AUO - OLED TV won't be competitive until 2014 due to low yield rates

Paul Peng, AUO's executive VP says that OLED TV panels won't be price competitive until 2014 - the high production costs will remain due to low yield rates. This is a 'response' to LG claiming that they will start producing 55 OLED TV panels next year.

AUO 14-inch OLED prototype

Of course we have to remember that AUO is still lagging behind LG Display and Samsung in AMOLED production. Both Samsung and LG are already producing AMOLEDs while AUO is still struggling with the production process.