I do need a new TV...well, maybe "need" is not the right word, but...
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How the hell did Vizio make a $999 4K TV? | The Verge
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"I also asked McRae how Vizio had managed to hit that price point — he told me his team had completely redesigned the backlight to use 40 percent fewer parts, which reduced his overall component cost. "The picture quality goes up, but the cost goes down," he said. Vizio is also designing its own six-core chips now, which allowed the company to reduce costs even further. Matt says the goal is to rapidly accelerate the mainstream adoption of 4K to just a year or two — and take the sales lead in the process.
All that said, the P-Series looked pretty solid last night, with great colors, sharp details, and good black levels. We'll have to see what it's really like when we get our review unit — stay tuned."