LG has announced its newest and largest OLED TV – a 55” panel with some pretty amazing specs. OLED (Organic Light Emitting Diodes) technology has, in the past, been limited by smaller screen sizes and expensive price tags. However, according to LG’s press release, their 55” panel has overcome these obstacles. The diodes in OLED TVs self-generate light and send electric signals at a rate far faster than LCD. In turn, the TV has a clearer picture and a wider range of colors. LG uses white OLEDs overlaid with color diodes to produce an “ultra definition” picture. Concerned that all this great technology may lead to a bulkier end product? Think again. The TV is a remarkable 5mm thick – thinner than a pen! Not only will the TV impress techies, but environmentalists will also approve – the diodes in the screen can be turned on or off to account for lower power consumption than most mainstream TVs.  LG’s 55” OLED TV will be unveiled in January at CES 2012 in Las Vegas. There is no word yet on when the product will available for your TV lift cabinet.