Skyworth Digital Co<0751>, one of the leading TV manufacturers in China, is scheduled to trim the prices of LED flat-panel televisions in the next six months to boost sales, according to Chairman and President Zhang Xuebin.

Zhang added that Chinese TV producers cut prices of about 25% in old TV models between April and June.

In fiscal year 2010 ended March next year, the Hong Kong-listed firm aims to sell from 7.5 million to 9.5 million TVs on mainland China and 2 million units out of the domestic market.

CFO Leung Chi Ching said that he is cautiously optimistic about the prospects of China's LED TV market as there are still over 400 million CRT TVs, the old TV models, in the market.