If you plan to buy a new PC or mobile device this year, you’ll likely shell out more cash than in previous years. Prices are going up, and expensive devices are in demand.
On average, the price of PCs and phones will go up by 2 percent this year, Gartner said in a research report released on Thursday. The calculations are based on U.S. dollars and average market sizes.
Breaking down those numbers, PC prices are expected to go up 1.4 percent this year, while mobile phone prices will go up 4.3 percent.
The price increases are largely due to the rising prices of components. Also, more users are upgrading to more expensive and feature-rich mobile handsets.