TV prices to go up from April as open-cell panels get costlier in global markets

Prices of LED TVs are set to rise further from April as the cost of open-cell panels has gone up in the global markets by up to 35 per cent in the past one month.

Brands including Panasonic, Haier and Thomson are considering to increase prices from April this year, while some like LG have already raised prices due to hike in prices of open-cell.

Panasonic India and South Asia President and CEO Manish Sharma said, “Panel prices are rising continuously and so are the prices of TVs. It is likely that TV prices may increase further by April.”