New brands trigger price crash as competition intensify in TV market - Vanguard News

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New brands trigger price crash as competition intensify in TV market vanguardngr.com vanguardnews

influx of new brands with lower prices aided by reduction in the purchasing power of the naira has crashed the prices of TV products.The new brands are also leveraging on technological enhancements in a bid to upstage the leading TV brands.

For example, a 32” of the new TV brands cost between N36,900 and N49,990, while 32” of leading TV brands cost between N44, 800 and N100, 000. 32” Hisense TV was N48, 000 last month, today it costs N46,800. Sony sold for N80,000 last month, but now N78,000.

 

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vanguardngr It's high time my beloved brothers abi!! .... There is nothing like competition... It create room for innovation and better service delivery... No body is a monopoly of ideals... If LG can manufacture smart TV, TLC or Looka can do better... No wayoh! Na so I see am.

vanguardngr New fake brands.

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