The Seiki is supposedly going to use the same panel as the Philips, so hopefully will have similar QC. Crappy part is that they are going to be releasing an updated version, whether through firmware or a completely new unit, that will have HDMI 2.0 and DP 1.3, in Q2. Those updates won't have much affect on current hardware, but future wise they may be beneficial, i.e. 4k@120hz+ Just seems silly to do this if it can't be done via firmware update.
What model? The 40" 4K Seiki model seen at CES has a 6 bit panel from the review I read here
http://www.pcgamer.com/philips-bdm4065uc-monitor-review/
Key line
In terms of colour, the Philips panel is rocking a true 8-bit screen, but looks to be using some sort of frame rate control (FRC) to mimic the effects of a 10-bit panel. Philips are quoting a full 1.07 billion colours with the BDM4065UC as opposed to the 16.7 million you'd expect from a standard 8-bit monitor. That puts it well ahead of the Seiko we saw at CES in that context.