Samsung to raise prices of flat TVs

Samsung Electronics, the Korean manufacturer of consumer durables, is raising prices of its flat screen television by up to 5 per cent after the government slapped anti-dumping duty on some television makers.

Samsung India plans to raise prices of its flat televisions next week by between 1 and 5 per cent (Rs 200-1,000), a company spokesperson said today. Samsung’s decision to raise prices comes ahead of the festive season which starts next month with Onam.

India slapped anti-dumping duty on imported picture tubes for colour televisions from China, Malaysia, Thiland and Korea on July 26 after it found that these countries were “dumping’’ their products into the country. The duties were levied on cathode ray colour picture tubes depending on the size of the screen. The companies ordered with duties were Samsung, LG, Philips, Irico Group Electronics and Shenzen Samsug.

 

Meanwhile, Samsung said it will be globally launching its touch-wiz model of touch-screen enabled mobile phone next week to coincide with the Olympics. The phone may be price around Rs 20,000 in Indialive. Samsung’s I 780, another variant of the touch-screen model was launched in May this year.