All articles tagged with #price increase
Nintendo President Shuntaro Furukawa declined to comment on possible Switch 2 price increases, citing that he cannot discuss hypotheticals, while noting that rising memory prices connected to AI chips will not have an immediate impact on Nintendo’s finances. He also confirmed ongoing work on both established franchises and new content, with potential expansion into film and possible anime ventures.
A Chinese manufacturer, Guangzhou Xinhongzheng Electronic Technology, signals that power supplies could rise about 6-10% and CPU coolers 6-8% due to higher costs for raw materials like copper, silver, and tin. The note advises buyers to stock up in January before promotions end in February, noting that ~90% of products are currently discounted and may soon sell at full price with higher markups. While the claim mentions potential for even larger hikes, there is no independent verification yet and the situation across the supply chain remains uncertain. Copper and silver demand, notably from data centers, underpins the broader price pressure on these PC components.
Costco has quietly increased the price of a popular snack item, reflecting broader inflationary pressures and economic challenges faced by consumers, despite the company's efforts to shield members from rising costs.
ASUS has indicated that rising costs due to increased AI compute demand and supply chain issues could lead to higher prices for certain products, though the specific impact on the ROG Xbox Ally remains uncertain. The company clarified that the internal communication suggesting price hikes was not meant for public release, but the possibility remains a concern for consumers.
The cost of RAM and other computer components is expected to rise significantly by 2026 due to increased demand driven by AI and data centers, leading to higher prices for devices like smartphones and PCs, with some manufacturers potentially reducing consumer options or passing costs onto buyers.
Global consumer electronics prices are expected to rise by around 20% in 2026 due to a surge in demand for AI-related memory chips and semiconductors, leading to a supply crunch and increased production costs for manufacturers like Dell, Xiaomi, Lenovo, and Raspberry Pi, with supply chain tensions exacerbated by geopolitical factors.
A global chip shortage is expected to cause a 20% increase in consumer electronics prices, highlighting ongoing supply chain issues affecting the tech industry.
Over 2 million residential customers in the D.C. region will face nearly a 13% increase in their natural gas bills this winter due to higher maintenance, pipeline investments, inflation, wages, and taxes.
Copper prices are on track for their largest annual increase in over 15 years, driven by fears of global shortages, increased demand from renewable energy sectors, and supply disruptions due to mining accidents, with prices surpassing $12,000 a tonne.
Starting January 1st, T-Mobile customers will be charged $3 monthly for the Apple TV benefit, which was previously free under the 'On Us' perk, and those not enrolled will see a price increase from $9.99 to $12.99. Customers can cancel the benefit via the T-Life app or their Apple TV account before the end of the year to avoid charges.
Tariffs imposed on imports have caused a significant rise in leather prices, impacting manufacturers and consumers, with costs expected to remain high for the next one to two years due to supply chain disruptions, reliance on foreign production, and raw material shortages.
Costco's 1-ounce gold bars have surged in price by 108% over two years, from around $1,950 to over $4,100, driven by increased demand as gold remains a safe haven amid economic and geopolitical uncertainties, leading Costco to restrict purchases.
The global smartphone market is expected to shrink by 2.1% in 2026 due to rising costs of chips and memory, which are driven by AI demand, leading to higher device prices and shipment declines for major brands like Apple and Samsung, while low-end phones are impacted most severely.
Rising memory chip costs are threatening the smartphone industry's recovery, leading to higher production costs and potential declines in shipments, especially affecting budget and mid-range devices, as consumers show reluctance to pay more for marginal upgrades.
Paramount+ will raise its subscription prices starting January 15, 2026, with the Essential plan increasing to $8.99/month and the Premium plan to $13.99/month, coinciding with the addition of UFC to its offerings, reflecting a broader trend of rising streaming costs.