China-based TV vendors recently cut prices for LCD TVs by 13-28%, according to the Chinese-language website Sina.com. Hisense is offering one of its 42-inch LCD TVs for 13,000 yuan (US$ 1,625), down from 14,900 yuan, while Skyworth is reducing its 46-inch LCD TV by 18% to 17,000 yuan. The price of 32-inch LCD TVs from Xiamen Overseas Chinese Electronics (Xoceco) and TCL is now 5,000 yuan, down 28.5% from 6,999 yuan, the report said.

China-based TV vendors recently cut prices for LCD TVs by 13-28%, according to the Chinese-language website Sina.com. Hisense is offering one of its 42-inch LCD TVs for 13,000 yuan (US$ 1,625), down from 14,900 yuan, while Skyworth is reducing its 46-inch LCD TV by 18% to 17,000 yuan. The price of 32-inch LCD TVs from Xiamen Overseas Chinese Electronics (Xoceco) and TCL is now 5,000 yuan, down 28.5% from 6,999 yuan, the report said.