LG OLED TVs for 2022 could finally get cheaper — here's why

LG OLED TVs for 2021 could finally get cheaper — here's why

(Image credit: LG)

An early on look at Korean pricing for LG's OLED TVs advise a welcome surprise: LG 2021 OLED TVs may be more than affordable than always!

You don't often hear premium TVs existence praised for their affordability, but if the new prices are any indication, OLED sets are virtually to become a lot less expensive as the new 2021 models launch in the coming weeks.

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Korea JoongAng Daily reports that prices are dropping for all LG OLED TVs in 2021, with new models priced up to 20% lower than the launch prices of the equivalent 2020 models.

The 65-inch LG G1 Gallery OLED — the successor to the premium model in our contempo LG GX OLED TV review — will be selling in Republic of korea for 4.half-dozen meg won ($4,081), downward from the 5.half-dozen one thousand thousand won ($4,968) of the 2020 model, a 17.9% drop in cost.

While this price drop may not translate directly to the US market, where the 65-inch LG GX OLED had an MSRP of $three,499 at launch, it's an intriguing possibility.

The new LG G1 OLED will have the same premium design and features every bit its predecessor, merely will also be the first model to apply LG OLED evo engineering science, which promises amend effulgence and color than current OLED panels can produce.

Information technology's the sort of enhancement that would oft signal a cost increase, so a smaller price tag on LG'south premiere flagship OLED set would be heady news indeed.

Like price drops are being seen on other LG models, such as the LG C1 OLED, which is coming down to four.1 million won ($three,642), an 18% change from terminal year's 5 one thousand thousand won ($4,436). When we beginning posted our LG CX OLED review, the was bachelor through about major retailers for $2,799.

LG'south less expensive B-Series OLED models are dropping even more, with the 2021 toll of 3.8 million won ($3,371) downward 19% from terminal yr's 4.7 million won ($iv,170).

In 2020, the LG BX OLED Television receiver was the company'southward almost affordable OLED model, with the 65-inch screen size selling for $two,299. Since its launch, that cost has steadily dropped, and the set can currently be had for $ane,999.

But LG isn't cut corners to bring these prices down. According to early announcements, all LG OLED TVs in 2021 will boast advanced features, including HDMI 2.one connectivity, the latest version of Dolby Vision IQ high-dynamic range format, back up for current sound like Dolby Atmos and enhanced audio return aqueduct (eARC), likewise equally gaming features like automatic low latency mode (ALLM) and variable refresh rates (VRR).

It's also a bold move to brand every bit new competitors, like the Vizio OLED TV, lower the bar to OLED entry with relatively affordable pricing. Vizio's 55-inch model has a regular toll of $i,299, but has dipped below the $1,000 mark during recent major sales for Black Friday and Super Basin weekend.

Not mentioned in the report was pricing for LG A1 OLED TVs, a new entry-level model serial for 2021 that will be positioned as the more affordable alternative to even the value-focused B-Serial OLED sets.

LG hasn't appear U.Due south. pricing for its 2021 TVs yet, simply nosotros expect to get details in the coming weeks. Only fourth dimension will tell if shoppers in North America will go lower prices on the latest OLED TVs, simply we've got our fingers crossed.

Brian Westover is an Editor at Tom's Guide, roofing everything from TVs to the latest PCs. Prior to joining Tom'due south Guide, he wrote for TopTenReviews and PCMag.