TV prices to rise from January amid chip shortage
pre-market1 source ↓written by the desknot a recommendation
- starting January due
- 3% to 10%
- rupee has crossed
- ₹90 per dollar
Television prices in India are set to increase by 3% to 10% starting January due to a global chip shortage and a weakening rupee. The cost of memory chips has surged, impacting LED and smart TV prices, while the rupee has crossed ₹90 per dollar, raising import costs significantly. This price hike may reverse recent demand gains following GST reductions.
Not investment advice. For informational purposes only.