Although they do come with all sort of added benefits compared to a LCD screen, it seems like OLED displays face an uphill struggle to become the de facto panel standard in future consumer electronics, this technology recently receiving another painful blow since Toshiba decided to give up on OLED panel mass-production in favor of LCD displays.

First of all, let me tell you that on a personal level this is more then disappointing news to me since I own a OLED screen device and I have come to witness first hand what this means in terms of image quality, LCD displays now looking like something out of the stone age for me, when compared with an OLED screen. 

As the Toshiba factory (built together with Panasonic), was meant to produce 1.5 million OLED screens for smartphones per year you can see why this is such a huge blow for this technology.

Toshiba motivates this move by stating that there was a huge surge in LCD panel demand in the last year, although I can't help it but wonder how much of this is due to the OLED panel shortage that forced smartphone manufacturers such as HTC to move to SLCD displays.

Far more probable is that this move was actually triggered by the blow the recent financial crisis dealt to Toshiba's earning, the company announcing a 36.85 billion yen (approximately 441.94 million US$) loss in the second quarter of 2010.

Either way, this seems like a huge blow for OLED display production, one that makes me wonder if we will actually see OLED taking over the display world or if this will go the way of the dinosaur, like many other promising technologies before it. (via CrunchGear)