Schaub Lorenz, the German electronics company, has launched an ultra deluxe LCD TV in the Gulf market. Priced at a whopping Dh477,100 ($130,000) it is billed as the world's most priciest too, a report said.
 
Studded with diamonds and white gold, the 40-inch LCD TV is totally hand-made - piece by piece construction - without screws and welding, according to the Gulf News report.

'The television screen functions are all activated by feather touch,' said Dr Jean Shahdadpuri, director, Nikai Group of Companies, the distributor for the TVs.

'The eco-friendly TV is made with degradable and reusable components consisting of 47 per cent glass, three per cent aluminium and 10 per cent iron allowing the TV to be 45 per cent more recyclable than a normal TV with many plastic parts,' she added.

Schaub Lorenz, a pioneer in digital audio and video technology, manufactures a complete range of consumer durables.