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Prices of Playstation and iPhones to rise due to pandemic? Know the reason

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Prices of popular gadgets such as PlayStations and iPhones could rise because of microchip shortages caused by a “perfect storm” of coronavirus-driven demand, supply chain disruptions and trade war stockpiling, the experts warn.

In the months after the pandemic hit, people stuck at home went on a spending spree to buy items including extra monitors, new computers and tablets – each of which runs on all-important chips.

Compounding the crisis are US-China tensions – Huawei stockpiled semiconductors last year before American sanctions aimed at cutting the tech giant off from global chipmakers kicked in, adding further pressure to supplies.

The squeeze in the market was highlighted when automakers, enjoying a pick-up in car-buying, tried to source specialised semiconductors, only to find manufacturers had prioritised consumer electronics and could not fill orders.

Automobile

Here are top five selling cars in India right now: Watch list

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The Maruti Suzuki Vitara Brezza was the largest-selling sub-4metre compact SUV in India in March 2021. It was followed by the Hyundai Venue, Mahindra Bolero, Tata Nexon and Kia Sonet. Let us have a look at the sales numbers of all these models for the month of March 2021.

Maruti Suzuki Vitara Brezza – 11,274 units

Continuing its hold over the sub-4metre compact SUV segment, the Maruti Suzuki Vitara Brezza emerged as the best-seller with sales of 11,274 units in March 2021. It is priced between 7.51 lakh and Rs 11.41 lakh (ex-showroom, Delhi).

Hyundai Venue – 10,722 units

Following the Maruti Suzuki Vitara Brezza was the Hyundai Venue with sales of 10,722 units in March 2021. The Venue is available in the price range of Rs 6.87 lakh to Rs 11.67 lakh (ex-showroom, Delhi).

Mahindra Bolero – 8,905 units

The third best-selling sub-4metre compact SUV in March 2021 was the Mahindra Bolero with sales of 8,905 units. It is offered in the price bracket of Rs 8.17 lakh to Rs 9.14 lakh (ex-showroom, Delhi).

Tata Nexon – 8,683 units

At the fourth position was the Tata Nexon with sales of 8,683 units in March 2021. The Nexon’s price starts at Rs 7.10 lakh and goes up to Rs 12.79 lakh (ex-showroom, Delhi).

Kia Sonet – 8,498 units

The fifth and final position on the list of the top five best-selling compact SUVs in March 2021 was occupied by the Kia Sonet, which registered sales of 8,498 units. Its price ranges from Rs 6.79 lakh to Rs 13.19 lakh (ex-showroom, Delhi).

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