For those looking to buy a TV, now might be an excellent time to start shopping. The recent trend shows that panel prices are still on the decline, making it a great opportunity for consumers.
LCD panel prices fell again
According to a recent report from IHS Markit, panel prices continued to drop in October, with the biggest declines seen in 40-inch and 43-inch models—some dropping by as much as 7%. This downward trend is expected to continue as manufacturers look for ways to boost sales and clear out inventory.
Moreover, 55-inch and 65-inch panels have now reached prices lower than the lowest levels seen in the second quarter of 2016. This is exactly what many consumers have been hoping for. With panel prices not yet stable, more TV brands are likely to implement cost-cutting strategies and manage their stock more carefully. As a result, aggressive promotions and significant price reductions are expected to become the norm in the coming months. Some products could see price drops of 20% or even more, making this one of the best times to purchase a new television.
LCD panel prices fell again
According to a recent report from IHS Markit, panel prices continued to drop in October, with the biggest declines seen in 40-inch and 43-inch models—some dropping by as much as 7%. This downward trend is expected to continue as manufacturers look for ways to boost sales and clear out inventory.
Moreover, 55-inch and 65-inch panels have now reached prices lower than the lowest levels seen in the second quarter of 2016. This is exactly what many consumers have been hoping for. With panel prices not yet stable, more TV brands are likely to implement cost-cutting strategies and manage their stock more carefully. As a result, aggressive promotions and significant price reductions are expected to become the norm in the coming months. Some products could see price drops of 20% or even more, making this one of the best times to purchase a new television.Diamond Saw Blade Sharpening Machine
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