Second-tier 42-inch LCD TVs for $699 within couple of months

Posted on Wednesday, Aug 29 2007 @ 06:00 CEST by Thomas De Maesschalck
Taiwanese sources report that by the end of this year you'll be able to buy a $699 42" LCD TV from second-tier TV brands:
Although LCD TV brands suffered from dramatic price drops last year, sources have indicated the makers will still follow a low-pricing strategy this year with second-tier LCD TV vendors planning to offer 42-inch LCD TVs at US$699 by the end of the year, compared to current prices which are close US$1,000.

Prices for 32-inch LCD TVs from second-tier vendors are also expected to dip to US$299-399 to meet year-end holiday demand, the sources added.

Besides 42- and 32-inch LCD TVs, sales for 37-inch LCD TVs will also pick up in the second half due to attractive pricing. The price gap between 37-inch and 42-inch TVs is around US$200-300, the sources said.

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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