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Home»LATEST NEWS»Samsung is planning component price increases we all will feel
LATEST NEWS

Samsung is planning component price increases we all will feel

techarticaBy techarticaMay 14, 2022Updated:May 14, 2022No Comments2 Mins Read
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The problem of a shortage of components continues to plague the world, affecting the prices of all equipment, including smartphones and cars. There are several reasons why releases may be delayed. They are often due to deficiencies in the functionality or a smaller number of products on the market than there is demand. This problem will be a constant challenge for many years, according to estimates. Technology companies are forced to make major changes to address it.

Also see: Google Pay is over. What will the company do to replace the well-known internet payment system?

Samsung, like other tech giants, produces components that are then sold to other companies. This means that not only will the price of new Korean equipment go up, but so will equipment purchased from other companies.

Samsung has maintained component prices relatively stable until now. However, there is pressure from all sides as well as the actions of companies like United Microelectronics Corp. which can raise prices. Let’s not forget the war in Ukraine, the shortages in China’s supply chain, and the blockades in China. There are many reasons why this decision was made.

As reported BloombergWe are talking about a solid price increase, with the expected increase of 20%. We don’t need to be deluded. All this will eventually impact our pockets because Samsung will increase the price of its equipment if they have to pay more. It is better to make customers pay more for a product that is not complete or that sells quickly, so it is easier to make more copies.

Also see: Microsoft Edge now has a VPN. However, the service will be used by only a handful of users at this time.

Although the increase won’t happen immediately and is likely to be gradual, it is not unreasonable to believe that they will come quickly. Tech companies aim to maximize profits, so it makes sense that prices will rise as you spend more.

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