Just barely 9 months since the debut of Ultra High-Definition TVs, Samsung and Sony have both dropped retail prices. Instead of paying $7000 or more for a 65-inch UHDTV, consumers will now be looking at prices in the $5000 range.
The price drops can be attributed to the lack of ultra HD content and its high prices that have neither encouraged nor convinced even high-end TV buys to make the leap. While TV makers are again telling consumers that their respective UHDTVs will upconvert HDTV to the new format, just as before when standard-definition content was unconverted to HD format, Ultra HDTVs have not been able to garner market share.
Since many of the other TV makers are planning to offer more UHDTVs soon, waiting this out could see even further price erosions, especially between now and the Christmas buying season.