Experts: OLED TVs are reportedly getting cheaper to manufacture but big discounts not coming just yet
Over the last decade, OLED TVs have steadily transitioned from high-end tech to a mainstream standard in home entertainment. Manufacturers like LG Display have worked to refine the production process, and now, according to new industry reports, those efforts are paying off, at least behind the scenes.
A recent analysis from FlatpanelsHD reveals that the cost of producing OLED panels continues to plummet. In 2020, a 65-inch OLED panel from LG Display reportedly cost around $1,000 to make.
By 2024, that figure had dropped to roughly $600, and projections suggest it could fall below $500 before the end of 2025. Larger panels, including 77-inch and 83-inch variants, are also becoming cheaper to produce as efficiency and yield rates improve.
While that might sound like great news for consumers hoping for more affordable OLED TVs, industry experts caution that these savings won’t necessarily translate to big price cuts on retail shelves, at least not right away. According to the analysis, display firms still need to recoup their initial investments in factory expansions, new production lines, and workforce training. These upfront costs mean that manufacturers are more likely to absorb the extra margin than pass the full savings on to buyers.
The Korean News outlet Biz Chosun sheds further light on LG Display’s ongoing cost-cutting measures. The company’s line expansions and yield improvements reportedly led to a 30% reduction in production costs last year alone. For 2025, LG Display aims to further reduce expenses through a design innovation that changes the display driver structure, a move expected to make OLED fabrication even more efficient.
This shift in cost efficiency for LG also serves to protect it against emerging competition in the form of RGB LED displays. Often dubbed the “OLED killer,” these displays have been posited as a potential threat in the market due to their advanced brightness and color reproduction. But as Biz Chosun points out, once you factor in the cost of LED chips, backlight components, and driver systems, RGB LED production actually sits in a similar $400–$600 range, meaning it may not be as cost-effective as initially believed.
Still, while OLED’s long-term viability looks secure, consumers should temper expectations about immediate price drops. TV manufacturers often prefer to maintain pricing tiers to preserve premium market positioning and profit margins, even as internal costs decline. Which means, the OLED price revolution might take a bit longer to reach your living room.
For now, the falling production costs signal an encouraging future for display technology even as RGB miniLED threatens to take the crown of price:performance, one where OLED remains dominant, resilient, and slowly but surely edging closer to mass-market affordability.
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