Who could have thought an aussie company will come up with Laser TV technology, which was plan of Mitsubishi. Well a big slap on the giants face, the aussies just have a test run on laser TV yesterday. The Laser TV produces a picture which features deep blacks, rich color and almost 3D-like picture depth complete with a full high definition resolution of 1920 x 1080.

Laser TV, available in Australia in 2007, boasts double the clarity of its predecessors for less money. Developed by Silicon Valley-company Arasor, Laser TV uses an optical drive chip to turn infrared laser into red, blue and green light to generate images on a screen. And Australia can take a lot of the credit for the breakthrough with local investors funding the technology to become a commercial application. Up to eight high profile manufacturers are looking to invest in the technology while Mitsubishi, already a popular manufacturer of consumer electronics, announced it will be bringing a Laser TV to market in the US in the second half of 2007. Korean electronics giant Samsung has also publicly expressed interest in the technology. Laser TVs, like plasma and LCD, will have the same slim form factor and be available in a range of sizes. Laser TVs are up to 30 per cent cheaper to produce which could result in products being available to the consumer thousands of dollars cheaper especially in the larger screen sizes. Laser TV has a number of advantages over plasma which includes being a third lighter and using 25 per cent less power.

Plasmas, which are filled with phosphorous gases, on some occasions, have been known to suffer 'burn in' when displaying static images for extended periods - problem Laser TV owners will not have to worry about. Laser TV can also display fast moving images without ghosting or image smearing, a drawback for some LCD screens with slow response times. LCD and plasmas can produce about half the color gamut, which is the amount of color which can be viewed by the human eye, whereas Laser TV can produce up to 90 per cent.

So I guess we can say plasma and LCD will soon going to be a history!:P