A couple of days ago, we covered the launch of the LG MAGNIT 4k 136 inch TV. Now, the company has revealed the pricing for its humongous premium home theater product, but its price tag might have you robbing a bank.

Talking about the enormous TV first, the MAGNIT 4k 136 inch was announced with micro LED display technology. This screen even supports a 120Hz high refresh rate and outputs an impressive 2,000 nits of peak brightness. As the name suggests, the TV offers a 4K resolution with cutting edge color, contrast, and clarity. It even runs on the webOS smart TV platform.

The Chinese company has revealed the pricing for the new TV in the US market. It will be available for purchase for a price tag of 299,999 US Dollars. If this didn’t seem expensive enough, the brand is also offering the MAGNIT 4K 136 inch TV for 349,999 US Dollars when paired with a Bang & Olufsen BeoLab 90 floor standing speakers. These speakers usually retail for around 115,000 US Dollars and deliver 8,200W from each speaker thanks to their 18 drivers.

Furthermore, LG Electronics will also offer the MAGNIT TV with the Beolab 28 and Beolab 50. However, it has yet to reveal the pricing for this particular bundle. Bang & Olufsen sells the Beolab 28 for 16,500 US Dollars while the Beolab 50 goes for around 47,000 US Dollars. Unfortunately, details regarding the exact availability is still unknown for this large smart TV.

RELATED:

• LG MAGNIT 4K 136-inch display is LG’s latest premium home theater offering
• New video from Korea showcasing LG’s cancelled rollable smartphone appears
• LG Ultra PC 17″ and 16″ with 16:10 aspect ratio, 12th generation Intel/AMD Ryzen 5000 processor launched
• LG OLED Flex is a bendable OLED TV that alternates between flat & curved modes
• LG UltraGear OLED gaming monitor and Ultrafine Display Ergo AI with 4K resolution launched

The post LG MAGNIT 4K 136 inch TV price revealed, costs a whopping $300,000 appeared first on Gizmochina.

LG, the known consumer electronics maker, is launching a new TV. But it isn’t just a regular high end OLED TV, but a humongous 163 inch TV that has been dubbed as the Magnit, which sports a microLED panel.

The LG Magnit is the company’s first TV with a microLED display that is promised to offer “groundbreaking picture quality and durability.” It will be available in markets like the US, Europe, and a few others soon. For those unaware, microLED is a new breed of displays, which are similar to the OLED panels found in many TVs and smartphones but work with pixels that are a lot smaller. These pixels can be up to 100 times smaller, which should offer clearer images, better color reproduction, and better visibility from different angles.

Editor’s Pick: Xiaomi Mi 10 Guofeng Ya Gray model is the exclusive smartphone partner for “Mulan” in China

The South Korean tech giant also highlighted the “Black Coating” that it has applied on its microLEDs. This apparently will help in protecting the panel from damages and dust, while also helping in reducing reflections on the screen. The Magnit is run by the LG webOS, which also supports the Alpha AI imaging processor that will help optimize the images being displayed.

Notably, LG isn’t exactly targetting the broad consumer market with Magnit. Due to its enormous size, it will likely be used in more commercial sectors like hotels or other large corporate lobbies and more. Furthermore, microLED panels are also expensive, however, with the technology being available in the market, we can expect a shift to the newer generation of displays taking place within the arriving next few years. In other words, there will be a day where TVs with microLEDs will become a lot more common and affordable.

UP NEXT: Samsung Galaxy A51/A71 receive a permanent price cut of up to ₹2,000 ($27) in India

The post LG is launching a 163 inch TV with a microLED display appeared first on Gizmochina.