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LG slashes curved OLED TV price in half

LG has announced it's halved the price on the 55-inch 55EA9800 OLED screen it released in July 2013, which will now sell for under $7000.

Headshot of Ty Pendlebury
Headshot of Ty Pendlebury
Ty Pendlebury Editor
TV and home video editor Ty Pendlebury joined CNET Australia in 2006, and moved to New York City to be a part of CNET in 2011. He tests, reviews and writes about the latest TVs and audio equipment. When he's not playing Call of Duty he's eating whatever cuisine he can get his hands on. He has a cat named after one of the best TVs ever made.
Expertise Ty has worked for radio, print, and online publications, and has been writing about home entertainment since 2004. He is an avid record collector and streaming music enthusiast. Credentials
  • Ty was nominated for Best New Journalist at the Australian IT Journalism awards, but he has only ever won one thing. As a youth, he was awarded a free session for the photography studio at a local supermarket.
Ty Pendlebury
LG

LG has announced it's halved the price on the 55-inch 55EA9800 OLED screen it released in July 2013, which will now sell for under $7000.

The curved 55EA9800 originally retailed for $14,999.95, and after an earlier price cut in August, LG is now offering the screen for $7999 with an immediate $1000 rebate as of today.

In January 2014 it appeared the company was clearing stock to prepare for new models when three UK retailers offered deep discounts to £3,000 ($4,910) on the screen.

However, the UK price has since aligned with the new US pricing and LG has confirmed the 55EA9800 will remain in the company's lineup until mid-year.

At CES 2014, LG announced several new models will come in 2014 including a 77-inch 4K screen and a Gallery model designed to look like a picture frame.

"Our goal is to grow the U.S. OLED TV market by making OLED TVs more affordable. And this is another step in that direction," said William Cho, LG Electronics USA's CEO in a press release.

Meanwhile, Samsung's own curved KN55S9C OLED -- which CNET's David Katzmaier called the "best picture we've ever seen"-- is still on sale for $8999.