The Economic Times

Costlier memory chips may trigger price shock: Smartphone, TV and laptop prices could rise by 48%

Electronics prices are set to climb. Smartphones, televisions, and laptops will see increases of up to 8% in the coming months. This follows a sharp rise in late 2023. Memory chip demand is driving these hikes. Experts predict this trend may continue quarterly. Consumers may face higher costs for essential gadgets.