Smart TV Prices Have Jumped by 30 Percent Due to Chip Shortages

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The global chip shortage seems to know no bounds. Going beyond the computer hardware and auto industries, market research company NPD has reported that pricing of smart TVs have increased by 30 percent. These jumps are expected to continue and spread to all display products because they share many of the same semiconductor components. It was already speculated last year that monitor prices could increase by as much as 20 percent due to general demand.

Image: Acer

Be it televisions, laptops, or smartphones, human beings have never been so dependent on them for work from home to online classes or for socializing to binge-watching to alleviate the lockdown blues. But all this extra screen time has set in motion a semiconductor supply crunch, causing prices of some of the gadgets like TVs to rise.

Sources: TechPowerUp, CNBC

Peter Brosdahl
As a child of the 70’s I was part of the many who became enthralled by the video arcade invasion of the 1980’s. Saving money from various odd jobs I purchased my first computer from a friend of my dad, a used Atari 400, around 1982. Eventually it would end up being a lifelong passion of upgrading and modifying equipment that, of course, led into a career in IT support.

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