Television (TV) manufacturers have started to hike prices as open-cell prices get costlier. Laptops and smartphones may see price increases as well. The price of open-cell panels has gone up 15 per cent on average and is even higher for big-screen TVs, according to manufacturers.
One of the main components in the manufacturing of TV sets, open cells contribute to 60-65 per cent of the manufacturing cost.
While open cells are used in the manufacturing of mobile phones, their contribution is relatively lower when weighed up against TVs. Also, premium phones have huge margins due to which the price increase is typically