If you plan to buy a new PC or mobile device this year, you’ll likely be shelling 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 those numbers down, PC prices are expected to go up 1.4 percent this year, while mobile phone prices will go up 4.3 percent.
The prices will go up largely due to the rising prices of components. Also, more users are upgrading to more expensive and feature-rich mobile handsets.