LG Electronics just announced its 55-inch OLED television — the inevitable home for the world's largest OLED TV panel revealed last week by LG Display. The TV will be featured at CES 2012 where the world's tech media will busy themselves photographing pencils, Moleskins, and Droid RAZRs next to the TV's 4-mm thick profile in an attempt to convey just how thin this 7.5-kg (16.5-pound) beauty really is. Better yet, unlike the overly saturated OLED panels we're accustomed to seeing, LG claims its image processing features combined with the WOLED panel produce "the most natural colors of any TV set" and at a "much lower price point" than OLED panels of this size would traditionally command, and its Color Refiner helps ensures consistent color across a wider viewing angle. All very important developments in LG's march to make WOLED "the future of home TV entertainment." Yet for all of its teasing, LGE's still not offering a ship date or suggested retail price.

Update: LG USA's Tim Alessi, director of new product development, told the Associated Press that the TV is likely to go on sale in the fourth quarter of the year.