Hi guys,
When do you think new TV models will be launched in India this year? March-April? Or do you think it will be more like June-July? I don't think LG's OLED TVs are gonna launch before September.
I've seen a drop in price of 65" 4k TVs in USA. Panasonic recently launched some at ~US$ 1600. Do you think we can see similar price in India? Can similar TVs be launched at Rs. 1.5 L? What I have seen is that, in USA, discounts happen later down the year. In India, I don't see huge discounts ever, especially for costlier models. I believe that is because the retailers don't stock up expensive models in India and don't run huge inventory risk on them. So they don't need to provide huge discounts. In USA, people are much more willing to buy expensive models. Hence, retailers have them in huge quantities and then start discounting the TVs around Black Friday and Superbowl.
I would have really loved a 65" 4k OLED TV had they dropped the price to Rs. 2.5-3 L. But that is a wishful thinking (maybe 2015 models but no way the B6 or C6, and obviously not the E6 or G6). The worst part is that Indian retailers don't provide much discount after launch - the only good discount that I can see is 55" 4k OLED TV selling at 2.9 L when the MRP is 3.84 L, which I believe is a good discount (LG itself doesn't support such discounts in India or even in Europe as it plans to move only 1 million OLED TVs this year as there is a constraint on its supply capabilities. So whenever LG needs to sell a little more, it drops the price in USA and achieves its sales target for OLEDs. Maybe we will see lower prices in 2018 when the new plant kicks in.).
When do you think new TV models will be launched in India this year? March-April? Or do you think it will be more like June-July? I don't think LG's OLED TVs are gonna launch before September.
I've seen a drop in price of 65" 4k TVs in USA. Panasonic recently launched some at ~US$ 1600. Do you think we can see similar price in India? Can similar TVs be launched at Rs. 1.5 L? What I have seen is that, in USA, discounts happen later down the year. In India, I don't see huge discounts ever, especially for costlier models. I believe that is because the retailers don't stock up expensive models in India and don't run huge inventory risk on them. So they don't need to provide huge discounts. In USA, people are much more willing to buy expensive models. Hence, retailers have them in huge quantities and then start discounting the TVs around Black Friday and Superbowl.
I would have really loved a 65" 4k OLED TV had they dropped the price to Rs. 2.5-3 L. But that is a wishful thinking (maybe 2015 models but no way the B6 or C6, and obviously not the E6 or G6). The worst part is that Indian retailers don't provide much discount after launch - the only good discount that I can see is 55" 4k OLED TV selling at 2.9 L when the MRP is 3.84 L, which I believe is a good discount (LG itself doesn't support such discounts in India or even in Europe as it plans to move only 1 million OLED TVs this year as there is a constraint on its supply capabilities. So whenever LG needs to sell a little more, it drops the price in USA and achieves its sales target for OLEDs. Maybe we will see lower prices in 2018 when the new plant kicks in.).
