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LG's new TV: Fit for only millionaires

LG SA's Dean Daffue spoke to Kieno Kammies about the R1,2m price tag of a TV set, initially thought to be a typo.

CAPE TOWN - Get ready to loosen your purse strings, mortgage your house, car and probably get ready to even sell your limbs.

Recently, a member of the Eyewitness News team spotted an advert in the Makro catalogue for an LG TV set and thought there must have been a typographical error.

That's because the price given was R1,2 million!

The 105 inch LG TV set was first introduced in South Africa a year ago at the same price and unlike other TV sets, the value did not drop.

The selling price overseas is set at US$107 000, so it's pretty much on par.

Dean Daffue from LG SA explains why the super-sized screen is worth R1,2 million.

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