I see, good to know. There are always some disadvantages with these cheap TVs. Apart from unknown reliability and presumably worse picture quality, it is useful to note that the UI is poor.

Perhaps these TVs may be popular or suitable to be bought and donated to old-folks home or some other centres where quality takes a back seat.

I presume you have paid more to extend the warranty to 5 years, perhaps due to the previous experience. Since I have not experienced any premature failure with all my previous and current TVs, for me 1 year warranty which I believe is standard would be sufficient. I was fortunate that all the TVs I bought last very long, more than 10 years before giving up the ghost. Perhaps branded so they last long. The last TV I had before the Hisense was a Samsung plasma 55" which lasted close to 12 years if not more. This current Hisense is 7+ years and will likely go up to 10 years or beyond. So from this pattern you can see we rarely change TVs.

Good to know. Those days we pay a premium for any of these large screen Plasma TVs so people would blow up in flames of fire if they fail just after 1 or 2 years.  Nowadays TVs are relatively cheap so it's not so much of an issue even if they fail sooner but of course, the longer the better.

It's amazing your Panasonic plasma is still working after 20 years. My Samsung plasma gave up after about 12 years. My next 65" will likely be a Hisense costing ~RM2.5k. It's amazing a pair of my IEMs can actually buy 2 units of this 65" TV. Big screen TVs are no longer a luxury as they used to be back in the day.