Prices of LED-Backlit LCD TVs expected to fall by 30% in 2H10 driven by the phenomenal growth in their shipments

Summary: As previously mentioned, the LED-backlit LCD TV will lead to a reshuffle in China’s color TV market, and China’s local brands have taken various measures, such as price cuts, in order to compete against foreign brands whose prices have already been reduced. Is it true that the price of the LED-backlit LCD TV will fall?......

As previously mentioned, the LED-backlit LCD TV will lead to a reshuffle in China’s color TV market, and China’s local brands have taken various measures, such as price cuts, in order to compete against foreign brands whose prices have already been reduced. Is it true that the price of the LED-backlit LCD TV will fall? Take the 42-inch Hisense LED-backlit LCD TV for example, its street price is around RMB 8,000, which is 30% more than that of the CCFL-backlit LC........
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