LG Reel OLED TV or priced at $60,000 as early as Q2 this year

January 7 (UPI) — LG has announced that its much-anticipated reel TV is expected to ship in the second or third quarter of this year at a price of $60,000,media reported. LG initially said the TV would be shipped in 2019, but that date has been delayed.

LG Reel OLED TV or priced at $60,000 as early as Q2 this year

Dubbed the LG Signature RX, the TV is equipped with a 65-inch screen and is flexible enough to roll up into a cabinet like a lampshade and be completely invisible without watching TV. And when you want to watch TV, just press the button on the remote control and the OLED TV will rise slowly.

While LG hasn’t officially announced the price for the Signature RX, JS Lee, global marketing director for its home entertainment business, has revealed a starting price of $60,000.

By comparison, LG’s standard 65-inch OLED TV costs about $2,000 and its giant 88-inch 8K OLED TV sells for $30,000. However, reel television is not the most expensive TV on the market. Samsung and Sony’s 98-inch 8K TVs each sell for $70,000, while Samsung’s The Wall micro-LED TVs can start at 146 inches, starting at $400,000.

In addition to the full-size TV view, Signature RX also has Line View mode, which rolls back and reclaims into the box until a quarter of the screen is visible. LG has designed a special home page for this short, wide screen shape, allowing it to display clocks with weather, personal photos, or mobile environment designs. When playing music, the screen can also disappear completely, and the TV’s sound system can be connected to the phone via Bluetooth.

LG says the TV has been tested 50,000 times. So if you turn it on or off 8 times a day, it will last for 17 years. Signature RX is covered by LG’s standard TV warranty.

In addition to scrolling, the Signature RX should provide excellent image quality, as it has ever done with all OLED TVs tested, but analysts don’t expect it to perform much more than the $2,000-or-a-dollar TV.

The Signature RX includes most of the new features on LG’s standard 2020 OLED TVs, including the A9 Gen 3 processor, far-field voice control using Alexa and Google Assistant, but it lacks next-generation TV (ATSC 3.0) tuners and AMD FreeSync/Nvidia G-Sync compatibility. (Small)