In addition to the new OLED806 and OLED856 models, Philips will this year introduce OLED706 with HDMI 2.1 as well as OLED705. Both ranges come with Google's Android TV.
Philips OLED706 & OLED705
Yesterday, Philips (TP Vision) formally announced new high-end OLED and LCD TVs for 2021. But there is more. The company has now confirmed two new budget OLED ranges; OLED706 and OLED705.
Let us rewind for a second here. In 2019, Philips launched its first budget OLED TV with OLED754 (4 = 2019). In some markets, it was more affordable than LG's B series. However, it lacked some features from the more expensive Philips OLED TVs, and it was running Saphi instead of Android TV.
The new OLED706 and OLED705 will both be running Android TV (version 10 and 9, respectively). OLED706 offers HDMI 2.1 features with support for 4K120, VRR, eARC, and ALLM, whereas OLED705 has standard HDMI 2.0 (with up to 1080p120 and 4K60 support). Both come with multi-HDR support, too (HDR10, HLG, HDR10+, Dolby Vision). Both ranges will be available in 55 and 65 inches with 3-sided Ambilight.

Philips OLED706
OLED705 is actually a 2020 model (5 = 2020) but it never made it to the market in 2020 and is now included as part of the 2021 line-up, according to the company. Unlike LG's new affordable A1 OLED TVs, Philips' OLED705 and OLED706 will both feature 100/120Hz OLED panels.
Follow the links for full specifications in the TV Database:
Philips OLED706 TVs - specificationsPhilips OLED705 TVs - specifications
The new 7 series Philips OLED TVs are part of the line-up for the first half of 2021. Pricing details will be announced later.
Philips 2021 OLED TVs - specifications
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