The Japanese tech market is bracing for a potential increase in smartphone prices due to a shortage of memory. The supply shortage has been affecting not only Japan's domestic manufacturers but also international companies depending heavily on the Asian market. This repercussions of this shortage are yet to unfold, but market analysts predict it could indicate a price hike in smartphones in the near future.
Many Japanese consumers prioritize high-performance smartphones, focusing on multiple functionalities, including sizeable memory. This situation affects both tech enthusiasts and the general population. Japanese society values efficiency and quality, making the possibility of high-priced smartphones due to a component shortage unsettling for many.
Just like in Japan, memory shortages are a serious concern for the tech industry in the US and EU. However, the impact may not be as immediate due to a more diversified market. In Japan, the domestic market is the primary focus, hence making it more susceptible to such component shortages.