Connect with us

Gaming

“The market is in crisis and the situation is getting worse” – prices for consoles, smartphones, TVs and other equipment will rise

Published

on

With a growing global semiconductor shortage that is only getting worse, consumers around the world are faced with rising prices and shortages of goods, from TVs and mobile phones to cars and game consoles.

Experts note that the surge in demand for electronics, which occurred due to the pandemic, has reached a critical point, when component manufacturers simply cannot process all orders. The shortage was fueled by the launch of new game consoles, 5G-enabled smartphones, rising demand for TVs and home theaters, and high-tech electric vehicles.

Microcircuits are everything. We are seeing a real storm of supply and demand. But, in fact, there is a new level of demand, which is impossible to keep up with. The market is in crisis and the situation is getting worse.

Neil Campling, technical analyst at Mirabaud.

Last month, Sony, which along with other console makers struggled with inventory shortages last year, said it may not hit sales targets for the new PS5 this year due to semiconductor supply issues. Microsoft predicts that supply problems will persist until at least the second half of the year.

Samsung has announced that it will have to abandon the release of the new Samsung Galaxy Note smartphone this year due to a shortage of parts, despite being the world’s second largest chip maker.

Koh Dong-jin, one of Samsung executives, who also heads the mobile division, emphasized that there is a “serious imbalance” in the market in who gets limited supply of chips.

There are no signs of declining demand, so prices continue to rise. This will affect end users. So cars will cost more, phones will go up too. This year, the iPhone will definitely not be cheaper than last year.

Neil Campling

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Phones4 hours ago

OnePlus 9R gaming smartphone went on sale

OnePlus is launching the OnePlus 9R gaming smartphone, which is offered in India in a version with 8GB of RAM...

Wearables5 hours ago

The first Huawei fitness bracelet with continuous monitoring of blood oxygenation, heart rate, sleep, blood pressure and risk of apnea. Huawei Band 6 sales start in China

Today in China, sales of the best Huawei fitness bracelet, as determined by the source, start. The novelty is called...

Phones6 hours ago

TrendForce predicts over 5 billion smartphone camera modules to be shipped this year

In response to the growing consumer focus on camera performance when choosing a smartphone, manufacturers are ramping up the release...

Electric Cars6 hours ago

To the delight of car enthusiasts: Spotify unveiled its first gadget and is temporarily giving it away for free

Spotify, the company behind the streaming music service of the same name, has unveiled its first device. It was a...

Components8 hours ago

MSI Optix MAG342CQ monitor is based on 34 ” concave panel

MSI has announced the release of the Optix MAG342CQ monitor. It is based on a 34-inch VA concave panel. Its...

News9 hours ago

Huawei blames US for chip shortage

Huawei Technologies yesterday blamed the US for the crisis that shook the global tech industry. According to the Chinese manufacturer...

Gaming9 hours ago

Sony Unveils First Major PlayStation 5 Update With Many New Features

Sony has announced the imminent release of the first major system software update for the PlayStation 5. The update will...

News9 hours ago

Sony Xperia 1 III was shown right before the announcement. Official images of the flagship released

Sony will be unveiling the new Xperia phones at a special event this week. Right before the announcement, AndroidNext published...

Most Popular