Memory Chip Shortage, Rupee Fall to Hike TV Prices 3%

• Memory chip shortage and rupee depreciation could increase TV prices by up to 3% next year.
• Memory chips are essential for smart TVs, managing operating systems, apps, and internet connectivity.
• The global shortage is driven by high demand from various electronics and limited manufacturers.
• India's reliance on imported chips means a weaker rupee further inflates costs.
• Increased chip costs lead to higher TV manufacturing expenses, which are passed on to consumers.

Why It Matters: Memory chip shortage will increase TV prices, affecting your new TV purchase.