Exclusive-Samsung hikes memory chip prices by up to 60% as shortage worsens, sources say

Samsung has reportedly increased the prices of its memory chips by up to 60% as the global shortage of these components worsens. This price hike is expected to impact various sectors that rely on memory chips, including consumer electronics and computing industries. The move comes amid ongoing supply chain challenges that have affected the availability of semiconductor products worldwide. Sources indicate that this increase is a direct response to the escalating demand and limited supply in the market.