TV prices may rise 3-4% from January
pre-market1 source ↓written by the desknot a recommendation
- from January due
- 3-4%
- is only
- 30%
Prices of televisions are set to increase by 3-4% from January due to a memory chip shortage and the weak rupee, which recently surpassed ₹90 per dollar. The domestic value addition in LED TVs is only about 30%, with major components imported, exacerbating the impact of rising costs. Manufacturers are already feeling the pressure as chipmakers prioritize high-profit AI chips, tightening supply for legacy devices like TVs.
Not investment advice. For informational purposes only.