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Soon televisions and monitors will cost more

Difficult times are ahead for consumers: If you are planning to buy a new smart TV, you should think about buying it quickly. Because industry experts expect prices to rise.

Smart TVs and monitors: prices will go up

Anyone who wants to buy a new smart television knows the big names in the industry: Samsung, LG and Sony are often bought with great pleasure, Xiaomi has not been around for that long, but also offers a large selection of useful devices. The Manufacturer of one of the most important components Smart TVs, on the other hand, are far less known – and that’s exactly what they are customers are worried now.

In the wake of the corona pandemic, the Increased demand for (entertainment) electronics. For example, Sony can hardly keep up with its PlayStation 5, around a year ago prices for the Nintendo Switch exploded and now things are getting tight there again. The strong demand also affects the manufacturers of LCD panelsused in smart TVs and monitors.

Like the industry magazine Digitimes reported, two major manufacturers – Corning and AU Optronics, both of which produce in Taiwan – are now doing additional maintenance work. Therefore production has to be interrupted. The replenishment of finished televisions is in dire straits. According to Digitimes, industry experts expect further price increases in Maybecause the supply cannot keep up with the demand.

Hit it quickly, but you don’t know which TV it should be? Help is available in the video:

Experts explain: You will soon have to pay an additional 5 percent for TVs

It can get more expensive across the entire product range of LCD panels: from 21.5-inch monitors to the large 27-inch models or from 32 to 75-inch televisions. One calculates depending on the size with an additional 2 to 10 euros for an LCD panel.

Mind you, this is the price premium that LG, Samsung and Co. would have to pay. The final price for the consumer could be even more expensive, after all, TV manufacturers do not want their margins to be reduced by rising production costs. It is said that prices are expected to be around 5 percent higher.

For customers, the expected price increases mean: Hopefully you can either do without a television or monitor for a while or – especially if you want to get a new one anyway – buy better today than tomorrow. This can potentially save a few euros.

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