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When LG announced the EM9600 55-inch OLED flat panel at CES last January, its price and availability were not included in the press release, leading to unbridled speculation. Well, it seems that speculation can now be put to rest. According to an article from Korean outlet MK Business News, LG plans to stage a big launch event at the Cannes Film Festival in May, moving its timetable up from the second half of the year to take advantage of the demand that will surely accompany the 2012 Olympics this summer. And the price? Approximately 9 million Korean won, which is right around $8000.

Thanks to reader johnnyd for sending me the link to the story on techbargains.com, which led to the primary source at MK Business News.