2013-08-14

Samsung Cuts Price of Its OLED TV by 34%

In order to stimulate the sales of OLED TV, Samsung announced to cut the price of its 55-inch curved OLED (organic light emitting diode) TVs by 34%. In addition, the increasing market competition and failure in lawsuit lead to divestment of foreign capital, the foreign capital only accounts for 47% of the total Samsung's share. According to a story in the Korea Times, Samsung has cut the price of a curved 55-inch OLED TV from 15 million won ($14655) to 9.9 million won (around $9672). This price reduction aims to attract more consumers to purchase OLED T...
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