The price increase is affecting computer equipment. The rebound in cryptocurrency rates and shortages of microprocessors will result in high prices – assessed the Polish Economic Institute. The three-digit increases concern graphics cards and processors.
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The Polish Economic Institute pointed out that the consumer electronics sector is struggling with a shortage of semiconductors, an example of which is, for example, the difficult start of the Playstation 5 console model.
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Computers – prices
The high cost of computer hardware, experts explained, is driven by the prices of two components: graphics cards and CPUs. The analysis shows that since the beginning of 2020, these products have increased in price by 215 percent. and 175 percent It was added that, for example, the cost of RAM memory chips practically did not change, and the price of hard drives increased by approx. 5 percent.
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As explained, the analysis was performed on the basis of the average prices of promotional offers published on pepper.pl. It was noted that the presented data are without statistical corrections and “indicate rather general trends”.
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According to analysts, “the increase in graphics card prices is directly related to the use of this component for cryptocurrency mining.” “Large increases took place in the fourth quarter of 2020, i.e. in parallel with the rapid increase in the bitcoin rate. Also, the sharp decline in cryptocurrency prices in May was reflected in hardware prices, although it took place after a few months” – indicated. According to PIE, “a renewed rise in the popularity of cryptocurrencies could raise prices.”
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