Trade: Christmas price shock: AI chips make electronics more expensive
Expensive memory chips are dampening the festive business: As throttled production meets the global AI boom, prices for laptops, cell phones and hardware have noticeably increased before Christmas.
Consumers are facing higher prices for various electronics products, such as computers, smartphones, and memory cards, due to increased costs for memory chips. According to MediaMarktSaturn, the shortage of semiconductors and memory components is driving up prices, and further adjustments are possible to maintain profit margins.
The price surge is attributed to the "Schweinebauchzyklus" or pig cycle phenomenon in the chip industry, where a surge in demand led to a shortage of memory chips. As a result, prices for IT products have risen, with desktop PCs costing 41% more and laptops and tablets seeing double-digit increases.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.