Xiaomi warns chip shortage will increase prices, but Apple unaffected
Gamers have been forced to buy graphics cards at insane markups due to global chip shortages. Looks like it’s the smartphone buyers’ turn to suffer now. Xiaomi President Wang Xiang has admitted the world’s third-largest smartphone manufacturer is being affected by the phenomenon. Recently, during the company’s earnings call, Xiang said the shortage was increasing company costs, which will be passed on to customers.