LG: “OLED will cost less than LCD in 2016″

Yes, LG stated that at a recent show in Japan about electronics, and while we’re excited at the prospect, let’s not carve this into stone just yet.

Won Kim, VP of LG OLED sales and marketing group spoke about its OLED plans for the future, and they make interesting food for thought, if little else.

So far: LG will put out 20-inch (and perhaps larger) OLED panels in mid-2010 based on their current roadmap, 30″ in mid-2011, and 40-inch OLED panels in 2012.

While 40″ OLED units will still be “fairly expensive” (read:  a bloody fortune) in 2012, Kim states that in 2016 OLED panels will actually cost less than LCD TVs do now. That seems a bit aggressive, but hey, we’re rooting for LG to make good on this prediction. It’ll mean good things for HDTV lovers everywhere.