Smartphone Prices Rise 25% Due to Chip Crisis

Smartphone and tablet prices have surged 25% since the beginning of this year, according to Turkish newspaper Cumhuriyet. The increase is attributed to a global shortage of electronic chips in world markets and regional tensions that have disrupted supply chains. Reports indicate that production costs have risen sharply, directly reflected in final consumer prices. Pressures on prices are expected to persist in the coming months, particularly as disruptions in global supply chains continue and trade wars between major powers over the chip industry intensify.