Price of electronic gadgets set to rise because of global semiconductor shortage


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Price of electronic gadgets set to rise because of global semiconductor shortage US By Jacky Last updated Aug 27, 2021 Share The cost of electronic gadgets is set to rise after the world’s biggest chip maker announced it has to increase its prices by up to 20 percent because of a global parts shortage. Taiwan Semiconductor Manufacturing Co. – whose biggest customer is Apple – said its more advanced chips would go up by around 10 percent due to a lack of semiconductors. The company’s less advanced chips, such as those used by car manufacturers, are set to go up...