TV prices likely to rise from January

Prices of televisions are expected to rise by 3-4 per cent from January next year on account of the rising cost of memory chips and depreciation of the rupee, which recently crossed the 90-to-a-dollar mark for the first time.

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The falling rupee has put the industry in a precarious position, as the domestic value addition in an LED TV is around 30 per cent only, and major compo