Gamers to be hit with price hike to Xbox series console due to soaring part costs
AI Summary
Gamers are facing a significant price hike for Xbox Series consoles, with costs rising by up to $150 due to surging prices for storage and memory parts. The global increase in demand for memory chips has caused a ripple effect in consumer goods and disrupted supply chains, leading to higher costs for manufacturers. This price increase, set to take effect from August 1, underscores the broader challenges tech companies face in maintaining affordability amid rising component costs.
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