42-inch LED HDTVs expected to retail for less than 400 USD

42-inch LED HDTVs expected to retail for less than 400 USD

It appears that amidst the financial and economic crisis that rocks the world, LED HDTVs suffer too.

Sales of LED HDTVs have dropped sharply recently with the market shrinking by 4.9 percent in a single year alone. This has forced manufacturers to lower prices and try to stay in the game for as long as possible. As a result LED HDTV prices have tumbled with prices going down by 5% in September 2011 alone which has made September the second month in a row with a price decline of more than 4 percent. To top it all there is no reason to believe that prices will stop falling.

“Slumping demand in Western Europe and North America is primarily to blame for the poor performance of LCD TV panels,” said Sweta Dash, senior director for liquid crystal displays research at IHS. “Given the already faltering economies of those regions and the threat of a double-dip recession looming, global LCD TV shipments continue to suffer, impacting the TV panel market especially hard.”


To fight the problem manufacturers offer very aggressive prices in both United States and Europe. September pricing for 40- and 42-inch LCD TV panels fell by $10 to $15 on average and was down about 5 percent for 46- and 47-inch panels. IHS believes that the price reductions will enable TV vendors to offer 42-inch LED TVs for less than $400 during the Black Friday buying frenzy in the United States next week.

Source: Tom’s Guide

Related posts

IBM likely exiting chip making business

IBM likely exiting chip making business

IBM is not a household name lately as the company has been exiting the computer business for years, selling its hard drive division to Hitachi in the distant 2003 year and then its PC division to Lenovo. Now the latest rumor regarding the company claims that IBM will exit the chip making...

LOVEFiLM and PlayStation 3 shake hands over movies streaming

Yes,  LOVEFiLM is coming to the PS3. Sony Computer Entertainment UK and LOVEFiLM announce a partnership, which will make LOVEFiLM an official PS3 integrated subscription film service partner. LOVEFiLM subscribers will be able to stream the UK's largest choice of subscription titles directly...

Nokia announced C2-01 and X2-01 entry-level phones

Today Nokia unveiled two new budget phones - the Nokia C2-01 and X2-01. The first one is claimed to be Nokia's cheapest 3G phone, while the X2-01 packs a full QWERTY keyboard at the lowest price possible. The Nokia C2-01 runs S40 operating system, has 2-inch QVGA screen, supports...

Leave a comment