Samsung Follows Sony In Cutting Ultra HD Prices

New York – Pricing on new high-ticket Ultra High-Definition TVs have started plummeting faster than the consumer confidence index, with word from retailers that Samsung followed Sony’s lead in making price reductions on recently introduced Ultra HD LCD TVs.

Similarly, LG released a statement from Korea that it was planning to soon introduce new less-featured 55- and 65-inch Ultra HD TVs that potentially could also impact current price thresholds, but the company was not commenting on whether or not those plans included U.S. distribution.