South African ranked among the top 10 of countries with expensive electronics, says a survey.
As first-hand observers of global electronics shortages since the pandemic, the company decided to investigate further by using data to analyse how global supply chain bottlenecks and import tariffs have affected the availability and cost of electronics around the world.
“It is interesting to note the extremely high price volatility in the case of graphic cards. This trend is connected to the rise of the cryptocurrency industry and the notable growth in demand for silicon chips due to the impact of the pandemic. While shortages are never desirable, it is rewarding to see that Grover is playing an important role in this niche segment of consumer electronics.
The index began by selecting countries known for manufacturing electronic goods, countries that are home to major electronics brands and countries with high electronics ownership rates per capita.
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