JD.com (HKG:9618), Skyworth (HKG:0751), and BOE Technology (SHE:000725) launched a 100-inch mini-light emitting diode television set for 10,000 yuan, Yicai Global reported Monday.
The mini-LED TV is seen to attract the Chinese premium TV market, the report said.
Net of Chinese government subsidies, the large TV could cost about 9,000 yuan, Yicai said.
Chinese manufacturers such as TCL Electronics (HKG:1070), Hisense Home Appliances (HKG:0921, SHE:000921), and Changhong Electronic (SHA:600839) have been focusing on manufacturing mini-LED TVs with 98-inch and 100-inch models for 10,000 yuan, the report said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.