Will Motorola be the first company to bring 46″+ flat panel televisions down below the $1000 mark?

Apparently so, if this stunning article is to be believed.

“With over 15 years experience and 160 patents in carbon nanotube technology and flat panel displays, we have developed a technology that could enable the next generation of large-size flat-panel displays to deliver an extraordinary visual experience at a fraction of current prices,” said Jim O’Connor, vice president of Motorola technology incubation and commercialization.

He said a 40-inch screen will cost less than $400. This compares with 40-inch liquid-crystal plasma screens costing $2,500 and up today.

Official press release is here.