Samsung issued a significant statement: due to the acute worldwide shortage of memory chips, almost all gadgets and electronics may soon become more expensive. TM Roh, the CEO, described the situation as unparalleled in an interview with Reuters.
The crisis involving the supply of DRAM and NAND memory will impact the production of smartphones, televisions, and household appliances, and these costs will be passed on to consumers. Samsung anticipates forthcoming price increases and is seeking a resolution, but there is no quick fix. Thus, the industry is preparing for a fresh round of price hikes due to the component scarcity.
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