LG's OLED HDTV which stunned journalists at CES could well be hitting the market sooner than first thought with a rumoured release date of May and a price tag of £4,941.

According to the OLED Association the launch is to be timed with the 65th Cannes Film Festival, a change in plans after it was believed they would be launching later during the 2012 Olympics.

Culminating in years of research and development LG have brought together their 4-Colour Pixel and Colour Refiner Technology and placed it alongside LG's own OLED display to create what they believe is the most natural looking screen on any TV.

LG OLED 55" HDTV Specs

While the screen quality will impress it's the dimensions that will then take your breath away, at a staggering 4mm thin, the LG 55-inch 3D OLED TV has to be one of the thinnest panels available, making it thinner than an iPhone 4S and less than half the thickness of a Samsung Galaxy S2.

LG have clearly embraced this technology having devoted a not inconsiderable amount of their resources into making the premium tech better and also more affordable as demonstrated by LG Electronics CEO Havis Kwon.

"OLED is clearly the future of home TV entertainment and LG is very focused on making this exciting technology as easy as possible for consumers to embrace.”

One of the key advantages of OLED over say LCD or LED (as seen in Samsung's UE55D8000) is the speed, boasting a responsiveness that is over 1,000 times that of either.

Add to that its ability to be packed into a much more compact design and you've got a product that could well steal the show as one of the most desirable gadgets of 2012 so far.

What do you think, is this the gadget of CES, and indeed of 2012 so far? Let us know via the comments box below...

Want more from LG? Find out all the tech the Korean giant announced at CES 2012 in the video below.

For more LG videos and all the latest tech videos, head to the T3 Video Channel

Source: OLED Association