Meta Hikes Quest VR Headset Prices Amid Chip Shortage
Meta's AI investments and the global surge in critical component prices are driving up the cost of its Quest VR headsets by $50-$100, affecting the entire consumer electronics industry.
Meta, the parent company of Facebook, has announced a price increase for its popular Quest VR headsets, citing the global surge in the cost of critical components, particularly memory chips. The price of the Quest headsets will go up by $50-$100, representing a 12-20% increase, starting on April 19.
Unlike many other tech companies that have been forced into similar price hikes due to the ongoing semiconductor shortage, Meta's decision to significantly increase its investment in AI is a key factor behind the headset price increase. The company's growing AI research and development efforts have led to a surge in demand for high-performance computing power, putting additional strain on the already tight supply of memory chips and other critical components.
In a blog post announcing the price change, Meta acknowledged that the
Source: Ars Technica
