TV price hike: Sony, LG, Panasonic, Samsung to increase costs of LED, OLED sets up to 7 pct

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Leading TV manufacturers like Sony, LG, Panasonic and Samsung are set to increase prices of their LED/OLED sets by up to 7 per cent to offset impact of increase in customs duty. Some of them are also expecting a short-term impact on sales and the Consumer Electronics and Appliances Manufacturers Association (CEAMA) has already initiated a dialogue with the government to roll back the duty hike. Panasonic is going for a hike of 2-7 per cent on its range of LED/OLED TVs.

TV price hike: Sony, LG, Panasonic, Samsung to increase costs of LED, OLED sets up to 7 pct
 
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