The result is remarkably dark blacks in an image, and when you combine this with the brightness of the whites an OLED panel is able to produce you're left with a fantastically vibrant image.
LG and Panasonic, pretty much the most consistent producers of OLED televisions on the planet, like to use the term "infinite contrast" to describe how the self-lighting pixels switch off completely when reproducing black giving it an "absolute" black color instead of a "relative" black that only describes how dark one pixel can get compared to the brightest pixel on the screen.
For years there was a question mark about longevity of OLED panels, while production lines have been impossible to make profitable due to high failure rates. But as companies like LG have invested huge quantities of money in the technology – with the likes of Philips and Sony joining the fray – its affordability has gotten better, although it's still much more expensive than competing technologies.
The advantages of OLED go beyond simple static image quality to the responsiveness and smoothness of the display itself, meaning gamers and home cinema aficionados are going to absolutely love OLED. It's capable of a refresh rate of as low as 0.001ms, which for reference, is around 1,000 times faster than a standard LED-backlit LCD panel, while also being superior to the now-discontinued plasma tech, too.
And, because the lighting source they use is so tiny, the depth of screen sizes has shrunk at the same rate. That means OLED TVs have awesomely deep blacks and bright, peak whites, improved color accuracy as well as smooth responsive motion - and all from a form factor that's just a few millimetres in depth and much lighter than standard TVs.
Big-screen TVs and other products you buy that may get more expensive because of a possible trade war with China
Why tariffs are a risk to the consumer economy: Fmr. Saks CEO 12:09 PM ET Wed, 4 April 2018 | 02:29Prices for big-screen televisions and some household appliances could go up significantly if the Trump administration's proposed tariffs on Chinese imports are enacted.
"On a $4,000 TV ... the tariffs might have a several-hundred-dollar price impact," said David French, senior vice president for government relations at the National Retail Federation, an advocacy group.
"We're still assessing the list," French said. "There is machinery involved in consumer goods. ... There are chemicals listed that we believe are components of cosmetics and toiletries."
The Office of the U.S. Trade Representative proposed late Tuesday an additional 25 percent tariff on an extensive list of Chinese imports, valued at $50 billion for the year and ranging from aircraft parts to vaccines. A public hearing on the list is scheduled for May 15, and filing requests to appear and comment are due April 23.
Here are some of the consumer-related goods that appeared on the list:
But he and other analysts pointed out that for a U.S. economy roughly $18 trillion in size, 25 percent tariffs on $50 billion of Chinese imports will have a relatively small effect overall on consumer prices.
For example, it is not clear the extent to which tariffs would affect imports of dishwashers.
Chinese manufacturer Haier, which acquired GE Appliances in 2016, "only imports a very small number of niche dishwashers designed for small spaces," spokesperson Kim Freeman said in an email to CNBC. "We make about 95 percent of our dishwashers in the U.S. in Louisville, Kentucky."
"At this point we are not sure what the impact on consumers will be," Freeman said.
The National Retail Federation estimates that access to imported goods through free trade agreements boosts the purchasing power of the average American family by $18,000 a year.
"It's going to be very difficult for the retailer to manage their supply chain in order to handle these tariffs," French said. "Consumers may be price sensitive enough that they may slow their holiday purchases. These may be 'Grinch' tariffs."
Cheaper to fix than replace!
In today's economy, it just makes more sense to fix a TV rather than spend hundreds or even thousands of dollars more to buy a new one!
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