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Tech Giants Cut Costs of Premium TVs amid Escalating Competition

Tech Giants Cut Costs of Premium TVs amid Escalating Competition

SEOUL, Mar. 29 (Korea Bizwire) — Global tech manufactures have been cutting costs of premium televisions recently amid the escalating competition in the global market, industry watchers said Thursday. Samsung Electronics Co., which has been promoting QLED TVs, reduced the price of its 55-inch QLED TV, the QN55Q7FN, to US$1,900, down 24 percent from $2,500. [...]