Shoppers could be looking at an expensive Christmas as supply chain snafus force companies to make and deliver their latest higher margin electronic gadgets to market faster, leaving fewer cheaper options to put under the tree. Top electronic brands are using their best resources to navigate a chip shortage that has curtailed the production of goods across pricing ranges because of logistic issues, a tight labor market and closed factories due to pandemic lockdowns in parts of Asia. "If vendors choose which device models they want to manufacture when they have limited access to chips then they'll generally go to the higher end, as they can better maximize their profits," ABI Research analyst Filomena Iovino said.
Strictly Necessary Cookies
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.