Apple Increases Prices of Popular Products Due to Chip Shortage

Kathmandu. With the rapid expansion of artificial intelligence (AI) technology and the shortage of memory and storage chips, American technology company Apple has increased the prices of its popular products.

The company has increased the price of the entry-level MacBook Neo from 599 US dollars to 699 dollars with immediate effect. Similarly, the price of the cheapest iPad has been increased from 349 dollars to 449 dollars, and the price of the iPad Mini from 499 dollars to 599 dollars.