4K TVs haven’t gained much traction. It’s the usual story. Prices haven’t come down enough for mass adoption. Spending thousands of dollars on a TV is not something we can all do. Both Sony and Samsung have cut prices on their 4K TVs, and today LG has joined them.
LG confirmed that it is slashing the prices of it’s 55 and 65 inch 4K TVs. The new prices start September 1st. These models are getting a $1000 and $1500 price cut. That makes the new price of LG 55LA9700 55 inch 4K TV $4,999 while the LG 65LA9700 65 inch 4K TV costs $6,499.
That’s still expensive, but the prices are headed in the right direction. That should encourage more people to buy these sets.