Component supply constraints may push up phone prices, impact new launches: Industry experts
The Hindu
Trends like remote work and study-from-home during the COVID pandemic have led to an explosive growth in semiconductor demand that has placed a huge strain on global supply chains
Festive season this year is likely to see fewer launches by smartphone companies and prices of existing devices could rise by 7-10% as players are grappling with severe shortage of components, including semiconductor chips, according to industry experts.
Trends like remote work and study-from-home during the COVID pandemic have led to an explosive growth in semiconductor demand that has placed a huge strain on global supply chains around the world. Freight costs in China have also gone up significantly, putting greater stress on device makers.
China accounts for a major chunk of the components supplied for use in electronic goods in the country.
According to BACL, the biophilic-inspired business park will offer smart workspaces within a vibrant public realm. The project’s most exceptional and breathtaking attribute lies in the Urban Forest, a lush oasis in the centre of the development. This green space will serve as a focal point, seamlessly blending indoor and outdoor spaces throughout the area. The upcoming metro station in Airport City will provide seamless connectivity to the business park from the northern side, ensuring convenient accessibility.