Jack Reacher trailer Tesla Cyberquad for kids White House outlines plan against omicron variant Home Alone house is on Airbnb PS5 restock tracker Cyber Week deals still available

LG cuts 4K TV prices, too

The TV maker joins Sony and Samsung in slashing the prices of its 4K Ultra-High Definition TVs by four figures. They're still very expensive, however.

LG's 65-inch 4K Ultra HD TV
LG's 65-inch Ultra HD TV LG

Another 4K TV maker is slashing prices to stay competitive.

LG has confirmed to industry publication TWICE that it's reducing the prices of its 55- and 65-inch 4K TVs by $1,000 and $1,500, respectively.

The new price of the 55-inch 55LA9700 will be $4,999, while the new price of the 65-inch 65LA9700 will be $6,499. The new pricing takes effect September 1.

LG spokesman John Taylor told TWICE that the move was made to "keep LG Ultra HDTVs competitive in the marketplace."

Earlier this week Samsung joined Sony in slashing the prices of 4K TVs. The prices of each of the three makers' 55- and 65-inch 4K sets are now neatly staggered by $500 increments.

55- and 65-inch 4K TV price comparison

Manufacturer Model Size Price
Sony XBR-55X900A 55-inch $3,999
Samsung UN55F9000 55-inch $4,499
LG 55LA9700 55-inch $4,999
Sony XBR-65X900A 65-inch $5,499
Samsung UN65F9000 65-inch $5,999
LG 65LA9700 65-inch $6,499

Although we have contacted all three manufacturers, as well as Toshiba and Sharp, to get 4K TV review samples, the only 4K TV CNET has reviewed so far is the Seiki SE50UY04, a 50-inch model selling for $1,000. Fellow Chinese TV maker TCL recently announced its own 4K lineup for the US, including a 50-inch version for $1,000.

Although the price of LG's curved OLED TV has been lowered in Korea, its US price is still officially $14,999, significantly higher than that of competitor Samsung's at $8,999. TWICE reports that an unnamed US dealer says LG's OLED TV price will soon fall, however, to $9,999.