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Even Apple succumbs to memory shortage, prices set to rise
๐Ÿ‡ฐ๐Ÿ‡ท South Korea /Economy & Trade

Even Apple succumbs to memory shortage, prices set to rise

From Chosun Ilbo · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

News Sources not specified Ongoing story
  • Apple is reportedly facing memory supply chain difficulties, impacting its production.
  • The company, known for its supply chain expertise, is experiencing shortages.
  • This situation is expected to lead to price increases for memory components.

Even Apple, renowned for its mastery of supply chain management, is reportedly succumbing to the global memory shortage. The tech giant, long considered a benchmark for efficient sourcing and production, is now facing significant challenges in securing essential memory components.

Sources indicate that the Cupertino-based company's usually robust supply chain is struggling to keep pace with demand. This scarcity is not only affecting Apple's production capabilities but is also poised to trigger a rise in the prices of memory chips. Historically, Apple has leveraged its scale and expertise to negotiate favorable terms, but the current market conditions appear to be testing even its formidable influence.

The broader semiconductor industry has been grappling with supply chain disruptions for an extended period, exacerbated by factors such as increased demand for electronics and geopolitical uncertainties. While many companies have felt the pinch, Apple's reported difficulties underscore the severity and pervasiveness of the current memory crunch.

Industry analysts suggest that the increased costs for memory components could eventually be passed on to consumers, potentially impacting the pricing of Apple's popular devices. The company has yet to officially comment on the situation.

DistantNews Editorial

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.