Not true. Candescent technologies have been working on this technology for some time now.
http://www.candescent.com/
To answer your question, Dont hold your breath. In december 2001 I found the following news article.
Article 1 of 3, Article ID: 0112130119
Published on December 11, 2001, San Jose Mercury News (CA)
CANDESCENT ABANDONS ITS GRAND PLANS
PRODUCT SHIFTED
50 LET GO
San Jose's Candescent Technologies, a designer of high-tech flat-panel displays that raised more than $600 million in venture capital, is abandoning plans to make its product -- becoming one of the largest start-ups to fizzle in Silicon Valley history.
The company laid off at least 50 of its approximately 100 workers last week, and is now slimming down to a remnant of its former self to license its technology to anyone who will buy it, company leaders and investors confirmed.
I was really hoping this technology would be a sucess.
Jim Witkowski
Chief Hardware Engineer
Cornerstone / Monitorsdirect.com
Jim at
http://www.monitorsdirect.com