Blue seems to be the biggest holdup. It has a short lifespan. LG gets around it by having all white OLED with an RGB color filters for each pixel. Essentially an LCD with 4k local dimming backlight positions, but the color of the LG white still shifts over time.
No. The "white" is composed of red, green and blue emitters.
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Is OLED susceptible to image retention? My wife has a Samsung Galaxy Nexus phone and I think the display tech is known as "Super AMOLED". The thing is it suffers from image retention/ persistence, much like my ipad2 and Samsung Plasma TV. It's not "burn in" because it goes away if you change the content displayed frequently, but still annoying nonetheless.
A thousand hors isn't a particularly long time. Is it possible you have a typo in the # Mike?
The blue pixel may also reduce your display's life with older research of the Sony XEL-1 suggesting after only 1,000 hours of use the display had dimmed by 12 percent. It's probable that the technology has improved since but no company is quoting any numbers.