LG Says LCD HDTV Prices Have Hit Bottom

[admin]

The price of LCD based HDTV panels have finally hit rock bottom, so says LG Chief executive Kwon Young-Soo. If you’re sitting on the fence about a new LCD panel purchase – the steep price drops might have already subsided, if LG is to be believed. As the world’s second largest LCD manufacturer LG should know a thing or two about their value. After all, the company was one of those implicated in the LCD price fixing scandal earlier this decade.

Discuss "LG Says LCD HDTV Prices Have Hit Bottom" here. Read the article.

 

[Adam]

Wasn't there a similar AH article last year that prices had hit the bottom? I can't remember (and am too lazy to look it up) if a company was quoted in that article, but prices kept coming down after that.

 

[Reorx]

Sorry LG. You have zero credibilty with me after your price fixing scandal.

http://www.audioholics.com/news/industry-news/lg-sharp-lcd-price-fixing

 

[lsiberian]

LOL this is silly. No product ever truly bottoms until it's obsolete.

 

[annunaki]

LOL this is silly. No product ever truly bottoms until it's obsolete.

True, but the price could stabalize prior to a close out.

 

[annunaki]

When I used to sell televisions (prior to flat panels being released), for a few years, pricing stabilzed on tube sets. It took about $500+ or so to get into a quality 32" (Sony, Panasonic) and about $700-$800+ to get into a quality 36" for quite a few years. 40" projection sets started around $1K.

Once flat panels started becoming more resonable, that all changed. I would expect that 32" LCD sets will begin to flatten out around the $500 mark for a quality set (Sony, Panasonic, Samsung).

 

[MDS]

I bought Toshiba's top of the line LCD about six months ago and paid $3000. On a whim, I checked Crutchfield the other day and the same TV is now $2200.

Prices continue to drop but you have to pick a point you are comfortable with and just go with it. When large size LCDs from the top tier manufacturers are available for under $1K at Wal-Mart then we'll know that the technology has matured and there probably won't be any further reductions.

 

[drdawg]

LCD Screen and prices

Who knows what real rock bottom is? We never know what a place pays for TV's. You have to negotiate to push it as far as you can go. Especially in today's market. I am looking at some of the larger screens and have been playing two stores off each other. I even told the guy at one store listen you may think it is a bad thing but if you want the sale let me know if you don't tell me and i will buy from the other place...guess what he called me back and beat the other price again. . .don't be afraid to walk away. and they will ALWAY tell you that they are right at their cost or below it, that is bull crap...too bad unlike cars where we know the invoice price, we can't find the invoice price for TV's.

 

[jamie2112]

They must be hurting to start a bogus marketing scheme IMO. I won't ever trust them after their price fixing....Tools.....

 

[Matt34]

I bought Toshiba's top of the line LCD about six months ago and paid $3000. On a whim, I checked Crutchfield the other day and the same TV is now $2200.

Prices continue to drop but you have to pick a point you are comfortable with and just go with it. When large size LCDs from the top tier manufacturers are available for under $1K at Wal-Mart then we'll know that the technology has matured and there probably won't be any further reductions.

Who would have thought even a year ago you could get a 50" plasma for under a grand? I sure didn't but now I have one sitting in my livingroom.

I do think this kind of spectulation of an entire market by a manufacture to be of little value.

 

[bandphan]

they will ALWAY tell you that they are right at their cost or below it, that is bull crap...too bad unlike cars where we know the invoice price, we can't find the invoice price for TV's.

I can tell you retailers margins are not that large on displays, and on the smaller sizes they are very low. On occasions they make better margins with Exclusive products.
I rember with the 60" 20k Sony XBR plasma dropped 10k in one year. As for paying invoice on cars thats part of the sell and try even paying that for Lexus.

 

[Pyrrho]

In my opinion, they are just saying that in order to improve sales. If people believe them, then they will not postpone purchases in the hopes of lower prices in the future. In other words, I do not believe LG, and suspect them of simply being liars who will say anything in order to make more money.

In fact, if betting were allowed here, I would be willing to bet that prices will continue to fall. And please, next year, someone revive this thread and either tell me that I was right, or point out that my prediction was wrong. I welcome it.

 

[just-some-guy]

In my opinion, they are just saying that in order to improve sales. If people believe them, then they will not postpone purchases in the hopes of lower prices in the future. In other words, I do not believe LG, and suspect them of simply being liars who will say anything in order to make more money.

In fact, if betting were allowed here, I would be willing to bet that prices will continue to fall. And please, next year, someone revive this thread and either tell me that I was right, or point out that my prediction was wrong. I welcome it.

i agree. except for right now. the feb 17 thing has prices going up, i seen it myself. but after that wears off prices will be lower than before.