Why the price of iPhones and consoles may rise this year

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Why the price of iPhones and consoles may rise this year

Increased demand for components, supply lines interrupted by the pandemic and trade war between China and the United States: in the coming months, this explosive cocktail should strongly influence the prices of consumer electronics, such as the iPhone and the PlayStation, warn industry experts.

(Photo: Shutterstock)

The consumer electronics market is experiencing strong tension since the beginning of the year 2020. The blocks implemented around the world to fight the coronavirus have led consumers to run to computers, tablets and game consoles, creating strong pressure in the semiconductor market. At the same time, Chinese giant Huawei increased its inventories of electronic chips last year to face the trade war between China and the United States.

These tensions in the market became glaring as automakers sought to acquire more semiconductors and realized that manufacturers were prioritizing consumer electronics. The automobile is still the most visible victim of the lack of fleas, with giants like Ford and Volkswagen forced to cut production, but other sectors are also affected.

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