They'll still continue selling OLED TVs internationally, but won't pursue the Japanese market anymore, due to slow sales. Their XEL-1 was the first to hit the market, just two years ago, and sells for 200,000 yen ($2486) in Japan - all 11 inches of it. No wonder they didn't catch on.
If you were considering a super-slim, super-expensive set this year, then LG's expected to release a 15-inch model in the States this year - though with the death knell being sounded proceed at your own caution. [Reuters]