hyperfuse
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There's a difference if you have them side by side and it also depends on the content you're watching. I can confidently say if you have a TV with a VA panel beside your IPS panel you will definitely see the difference and would prefer the VA.
The VA will have more depth especially in dark scenes. IPS will suffer from black crush since their contrast ratios are typically within the sub 1000:1 range while VA can hover anywhere around 3000:1 to 5000:1. This means that if you watch a movie that has lots of dark scenes e.g (Dark Knight, Game of Thrones), the IPS TV will struggle at producing different shades of blacks, and the viewer will be unable to see what's going on in the movie.
OLEDs are in a different league, they have both viewing angle and perfect contrast ratio but if you're comparing the sub 1k price range TVs then it will be between VA and IPS.
Ultimately as long as you as the customer is happy with the TV nothing else matters. Just make sure you guys do research at https://www.rtings.com/ to prevent from buyers remorse as from what I'm reading in this thread there are quite a handful of unhappy owners here.
Yea of course I dont have side by side as one is in living room and another in mbr.
But anyway my point is, for budget tvs, to be honest the xiaomi mi 4s is really value for money since its cheaper than prism and yet probably the same picture quality as the prism. So its a win there.
Anyway for budget users, no point paying a few extra hundreds more for a difference that only can be comparable if u put 2 screens side by side. Just get a decent android one that is cheaper will do.
If of course want the best picture quality, OLED hands down. But as I say I have 2 tvs that is considered one of the best 4k tv at the moment and a 4k tv that is the cheapest available, I can no doubt vouch that the xiaomi one hits all the requirements for a enjoyable tv experience since apps can be installed with ease.