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The Chip Shortage Is Driving Up Tech Prices—Starting With TVs

13 May 2021, 12:30 IST13 May 2021, 12:30 ISTRelevance: 85%
The Chip Shortage Is Driving Up Tech Prices—Starting With TVs

📊Executive Summary

The ongoing semiconductor supply shortage is significantly impacting consumer electronics prices, particularly for televisions, laptops, and tablets. Prices for larger TV models have surged by approximately 30% compared to the previous year, driven by the chip crisis. Manufacturers like Asus and Synaptics have indicated that component shortages are leading to price hikes, which are likely to be passed on to consumers. The shortage is exacerbated by older chip factories being unable to meet the increased demand, as production is focused on more advanced chips. This situation is expected to affect a wide range of devices with screens, including PCs and VR headsets, as inventories deplete and prices rise....

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Classification

Industries

Consumer Electronics
Automotive

Components

Semiconductors & ICs
Displays & Optoelectronics

Regions

Taiwan
United States

Topics

Supply Shortage
Pricing Trends
Semiconductor

Risk Categories

Supply Shortage
Price Volatility