Technology
Tech giants slash UHD TV prices amid competition
Feb. 12, 2014
South Korean tech companies have been slashing prices of Ultra HD (UHD) TVs in the global market, data showed Wednesday, as they vie for consumers amid stiff competition.The latest price of the 55-inch UHD TV made by Samsung Electronics Co., the world's top TV maker, was $2,999 in the U.S. market, down 45.4 percent from $5,500 in August, market data showed.The price for the same size made by LG Electronics Inc., South Korea's No. 2 tech giant, came to $3,500, also falling sharply from $6,000 in