LED LCD TV prices plummet

LED, LCD and plasma television prices continue to fall, making flat screen televisions more affordable than ever

By - April 26, 2011
LED LCD TV prices plummet

Cathode Ray Tube (CRT) televisions have dominated the in-home entertainment market for decades, but after the introduction of flat panel televisions the fate of CRT TVs was sealed.

While most South African stores still carry a limited range of entry level CRT TVs, larger plasma, LCD and LED televisions have taken over as the TV of choice.

The demise of the CRT is accelerated by the falling prices of flat panel TVs, making LCD and plasma TVs affordable to most working families.

Flat panel TV prices plummeting

The last twelve months have seen a particularly large decline in television prices, especially when it comes to higher end LCD and LED sets.

These price reductions were fuelled, among other things, by technology advancements, increased competition and a stronger Rand.

It is now possible to buy a 40’’ full HD LCD TV for under R5,000 while the price of the 50″ plasma TVs have dipped under R7,000.  The price for LED and 3D LED TVs have declined even more than LCD and plasma TVs.

In July last year, for example, the LG LX9500 LED 3D television retailed for R41,999.  Less than a year later the same television was sold on promotion at Hi-Fi Corporation for R12,999 and at Dion Wired for R13,999.

The following table provides an overview of some of the television price reductions seen in South Africa over the last year.

LCD and Plasma TVs
TV June 2010 Price April 2011 Price Decrease
Sinotec 42” Full HD LCD R5,999 – Game R4,599 – Game 23%
Sony 32” Full HD LCD R4,999 – Makro R3,499 – Game 30%
Samsung 50” Plasma R10,999 – Hi-Fi Corporation R6,999 – Makro 36%
LG 42” Full HD LCD R7,799 – Makro R4,999 – Hi-Fi Corporation 36%
Samsung 46” Full HD LCD R13,999 – Hi-Fi Corporation R8,999 – Game 36%
LG 50” Plasma R10,999 – Makro R6,799 – Hi-Fi Corporation 38%
LG 47” LED 3D R41,999 – RRP R12,999 – Hi-Fi Corporation 69%

TV prices in South Africa << Comments and views

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