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Electronics to get more expensive as semiconductor manufacturers struggle

More than two years after the start of the COVID pandemic, semiconductors continue to struggle to meet the high demand for components, and multiple world events are now pushing the cost of living even higher, which is now expected to increase the price of semiconductors. The past two years have been nothing short of challenging, with the COVID pandemic triggering global lockdowns, businesses going bankrupt due to disrupted operations, and semiconductor supplies becoming non-existent due to poor management and planning.