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Why OLED TV Prices Have Dropped

OLED TV Prices
Image: Creative Commons.

For as long as there have been high-definition TVs, the highest-end TVs have been very expensive when they’re first introduced, before usually dropping in price before long, often to make room for the next year’s models. This is especially the case when it comes time for Black Friday deals.

In fact, in a time of high inflation, TVs have traditionally dropped in price over time, which has been attributed to a heavy level of foreign competition. However, there have been indications of inflation having an effect on overall TV prices this holiday season.

“Pricing right now on TVs is the highest since at least 2012,”  Stephen Baker, vice president of Industry Analysis at research firm NPD Group, told CNET in October. “Holiday pricing overall is likely to be at least $100 above normal. Last year the average price of a TV was $363 during the fourth quarter, which is fairly typical over the last few years. This year our forecast is for the average price to be approximately $500.”

However, that doesn’t mean we aren’t seeing the traditional price drops of the highest-end TVs, including some particularly highly rated OLED models.

CNET reported this week that the LG C1 OLED TV, a 2021 model that is the #2-ranked TV on RTINGS’ rankings of the best currently available TVs, is now on sale with a discount of up to $1,000. The 83-inch version of the C1, per the site, is now listed at under $5,000 on Amazon, a savings of $1,003.

Other sizes of the C1 are discounted by over $9,000, including at Crutchfield, Amazon and Walmart.

Tom’s Guide reported this week that the LG C1 has reached its lowest price ever as part of Black Friday sales at both Amazon and Best Buy.

The 48-inch version, per the site, is $1,096 at Amazon, from the previous price of $1,299.

GamesRadar, meanwhile, wrote about a deal on Amazon for the  LG OLED G1 55-inch TV, which is now down to $1,696.99, from the earlier price of $2,000. The G1 is the #1-ranked TV by RTINGS. The site also listed the 55-inch version of the OLED C1 for $1,296.99, down from the previous price of $1,500.

“If you’re looking for something to beat out the Black Friday OLED TV deals (that are still a few weeks away) then these will see you do just that. With folks rightfully concerned about potential shipping times, and stock availability, a lot of shoppers will just want to get a good price and bag their items,” the site said by way of advice for shoppers.

Stephen Silver is a journalist, essayist and film critic, who is also a contributor to The Philadelphia Inquirer, Philly Voice, Philadelphia Weekly, the Jewish Telegraphic Agency, Living Life Fearless, Backstage magazine, Broad Street Review and Splice Today. The co-founder of the Philadelphia Film Critics Circle, Stephen lives in suburban Philadelphia with his wife and two sons. Follow him on Twitter at @StephenSilver.

Written By

Stephen Silver is a journalist, essayist, and film critic, who is also a contributor to Philly Voice, Philadelphia Weekly, the Jewish Telegraphic Agency, Living Life Fearless, Backstage magazine, Broad Street Review, and Splice Today. The co-founder of the Philadelphia Film Critics Circle, Stephen lives in suburban Philadelphia with his wife and two sons. Follow him on Twitter at @StephenSilver.

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