28/11/2022
Have you ever wondered why the price of computers is getting expensive recently?
If you told me it is because of inflation, you would be right, for half of it at least.
So what is the answer for another half?
Well, it all started with the pandemic outbreak.
You see, during the pandemic outbreak, people can’t really go anywhere. The manufacturer, especially chip’s. has slowed down production. And it causes a shortage in chips on the market. Which leads to slower production of electronic products like smartphones, and of course computer parts like Hard disks and CPUs.
Most people around the world are grounded to their home during the pandemic as well. ‘Work from home’ and ‘Online class’ culture became massively popular during that time as well because, well, there is work and class to be done, and people can’t go anywhere.
Thus because of these reasons, electronic devices, especially computers which are needed to accomplish these tasks have a surge of demand. Making the supply and demand on the electronic market does not reach the equilibrium that they needed. And so the high demand keeps driving the price up.
So there you have it, what do you think the price of computers would be expensive in recent years? Share your thoughts below in the comment section.
TL;DR:
- Chip production slows down causing electronics production to slow down as well.
- Surge of demand especially coming out of ‘work from home’ and ‘online school’ spikes.
- Supply and demand do not reach equilibrium, demand keeps spiking, as does the price.