Television prices likely to rise 3-4% in June, say industry players ...Middle East

Prices of LED televisions are expected to rise by 3-4 per cent this month as cost of panels have gone up in the global market besides an increase in logistics expenses. It will be the second hike by the manufacturers in the last three months. In April, the prices were hiked due to a rise in operating cost on account of increased ocean freight charges, and domestic transportation costs. Brands such as Panasonic, Haier and Thomson are considering increasing the prices of LED televisions. Panasonic India & South Asia President and CEO Manish Sharma said that in line with the commodity price increase, "we are also looking at increasing prices for some of the products in the range of 3-4 per cent

Hence then, the article about television prices likely to rise 3 4 in june say industry players was published today ( Thursday 17/06/2021 - 01:45 AM ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Television prices likely to rise 3-4% in June, say industry players )

Also on site :

• FreshRealm, Inc. Reaches Agreement with Key Customer and Initiates Chapter 11 Process to Support Ongoing Operations and Evaluate Strategic Alternatives
• AuxoAI Partners with Google Cloud to Drive Enterprise AI Transformation
• LendingClub Launches Home Improvement Financing; Begins Underwriting and Originating Loans Through Inaugural Partnership with Wisetack