Due to the shortage of chips, TVs with large screens have risen in price by 30%

The COVID-19 pandemic and the resulting changes in industry and consumer demand have led to a shortage of various components for finished devices. As a result, many components for PCs, laptops, tablets, TVs have risen in price. Moreover, the latter have added in value decently.

Due to the shortage of chips, TVs with large screens have risen in price by 30%

According to a source who cites a report from research firm NPD, the cost of large-screen TVs has increased by 30% over the year – and this is a direct result of a shortage of components. Moreover, the deficit is unlikely to be resolved quickly.

The problem is that no advanced manufacturing processes are used to manufacture TV components. In fact, motherboards and chips are manufactured according to old technological standards. Accordingly, their manufacturers have no incentive to expand the old technical process – it is more profitable to switch to a more advanced one, as it is demanded by a large number of customers. Component manufacturers are reluctant to increase capacities for the production of TV chips, and thereby contribute to a faster resolution of the deficit, so the shortage of TV chips will continue for a long time, and prices are likely to continue to rise.

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