• HOME
  • WHAT WE DO
    • Flat Rate Managed IT Services and Support
    • Cloud Solutions
    • Technology Consulting
    • Hardware and Software
    • Phone Systems
  • ABOUT
    • Why Singlesource IT?
    • News
    • Technology Partners
  • CONTACT US
  • Search

Mobile Menu

Call us today!

(614) 784-9738

  • Menu
  • Skip to right header navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Before Header

Call us today:  (614)784-9738

Client Login

Free Risk Report

Download Your Cyber Security Guide

Singlesource IT

Your Central Ohio IT Provider. Specializing in small and mid-sized business.

  • HOME
  • WHAT WE DO
    • Flat Rate Managed IT Services and Support
    • Cloud Solutions
    • Technology Consulting
    • Hardware and Software
    • Phone Systems
  • ABOUT
    • Why Singlesource IT?
    • News
    • Technology Partners
  • CONTACT US
  • Search

Why Are Hardware Costs Going Up?

Prices for IT gear and connected devices are on the rise. A global chip shortage has throttled car makers and left major manufactures — such as Apple — unable to meet demand. What’s going on?

computer hardware increasing costs

Blame Covid-19. And the rule of Supply & Demand.

Offices and schools have been forced to re-tool to meet the needs of remote workers and students, placing major strain on the supply chain. Even as things open back up, this trend looks likely to continue. Global PC shipments grew by a massive 55.2% in the first quarter of 2021, with strong growth expected for the second quarter of 2021 as well.

The supply chain is also struggling with disruptions caused by the pandemic. Worker shortages have affected every aspect of the global IT business, from raw materials to manufacturing to the ability to ship out finished product. This looks to be a continuing issue as well, with PC memory, as an example, expected to increase in price by another 23-28% in the second quarter of 2021 alone.

These factors have been compounded by one-off events such a fire at a Japanese chip manufacturing plant, and extended shutdowns at Texas manufacturing facilities due to the power outages caused by severe winter weather.

Component manufacturers are telling us they are not able to keep up with 100% of demand at the moment. The result is high market volatility, with prices fluctuating on a daily basis.

We understand the impact that supply shortages have on your business. We’re working to help mitigate the impact as much as possible, connecting with multiple vendors and receiving frequent updates on inventory forecasts and availability.

As we expect prices to continue rise, now is the time to get started on your next project and move forward on your next hardware upgrade. Contact us today to take the next step. 

It’s our priority to provide you with the right products — at the best possible price — as we work through this unprecedented year together.

We’re here to help!

Get in touch today to find out why Singlesource IT should be your partner in IT.

You May Also Be Interested In:

Don’t Trust Airport USB Chargers or Wi-Fi! New Official Warning from the TSA

Free security pattern lock vector

Complete Guide to Strong Passwords and Authentication

Free password login sign vector

What is Password Spraying?

person using Windows 11 computer beside white ceramic mug on white table

10 Tips to Get the Most Out of Your Microsoft 365 Apps

Free cloud computing connection cloud vector

6 Best Cloud Storage Providers to Save Device Space

Free Stylish home office workspace featuring a computer setup with accessories. Stock Photo

10 Awesome Ways to Customize Your Desktop Layout

Free internet security digital vector

7 New and Tricky Types of Malware to Watch Out For

Free An overhead view of a person working on a laptop in a minimalist home office setting. Stock Photo

Where Do Deleted Files Go?

Free to hack fraud map vector

New Gmail Threats Targeting Users in 2025 (and How to Stay Safe)

Previous Post: « Big Leak: 533 Million Facebook Users Exposed!
Next Post: Singlesource IT Now Offering New Cyber Security Service Cyber Security From Singlesource IT»

Primary Sidebar

Need IT?

We’ve partnered with the best. Find out why Singlesource IT should be your one source, one call technology solution.

GET IN TOUCH TODAY.

LATEST NEWS

Don’t Trust Airport USB Chargers or Wi-Fi! New Official Warning from the TSA

With the busy summer travel season underway, the Transportation Security Administration (TSA) is …

Free security pattern lock vector

Complete Guide to Strong Passwords and Authentication

Cyber risks are smarter than ever in today's digital world. People and companies can lose money, …

Free password login sign vector

What is Password Spraying?

Password spraying is a complex type of cyberattack that uses weak passwords to get into multiple …

person using Windows 11 computer beside white ceramic mug on white table

10 Tips to Get the Most Out of Your Microsoft 365 Apps

Microsoft 365 is a strong set of tools created to make working together and staying safe easier on …

Free cloud computing connection cloud vector

6 Best Cloud Storage Providers to Save Device Space

In this digital world, it's hard to keep track of all the storage space on your devices. It's easy …

Footer

Contact Us

Singlesource IT
(614) 784-9738

148 N. High St.
Gahanna, OH 43230

Newsletter

Sign up to get free resources, tips, and news from Singlesource IT.

Thanks for signing up!

Copyright © 2025 ยท Singlesource IT