Chip and RAM shortage drives smart home hub prices up over 100%
The article discusses how the global chip and RAM shortage is driving up prices in the smart home sector, with price increases often exceeding 100%. It focuses on smart home hubs as the most affected devices because they require significantly more powerful hardware (processing power and memory) compared to basic sensors and actuators. The hub serves as the central convergence point for all smart devices and must also provide a user management interface, making it particularly vulnerable to component cost increases.
Key quotes
Within the smart home segment, the price increases are particularly noticeable when it comes to hubs - the heart of any smart home.
While basic actuators and sensors require very little processing power to perform their function, the central hub needs significantly more powerful hardware.
Not only do all smart devices converge here, but a management interface (usually a web interface) must also be provided for the user to control the system.
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