Stefan Mileschin

Expect it to get pricey after autumn

Chipzilla has decided that its chips are too cheap and it is going to jack up the prices, according to Nikkei Asia.

Intel has informed customers it will raise prices on a majority of its microprocessors and peripheral chip products later this year, citing rising costs. Prices will increase inautumn on flagship products where it dominates the market, and a wide range of other items, including chips for Wi-Fi and other connectivity.

Intel says it has seen surging costs for production and materials. The percentage increases have not been finalised, and could be different for different types of chips, but are likely to range from a minimal single-digit increase to more than 10 to 20 per cent in some cases.

This might seem a little odd as demand for smartphones, PCs, TVs and game consoles weakened earlier this year, and device makers have indicated that inventories of unsold items are mounting. Samsung Electronics has told suppliers of a range of its products to halt shipments.

https://fudzilla.com/news/pc-hardwar...ns-price-hikes