Apple To Increase iPhone 13 Pricing Following Increased Cost of Chip Production

Apple is likely to release the iPhone 13 series in September with a reduced notch size, and a higher refresh rate display. The design seems to be quite similar to iPhone 12 models. However, the iPhone 13 series will arrive with an increased pricing because of the increased cost of chip production. 

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iPhone 13 Series to feature increased pricing because of the increased cost of chip Production

A report from DigiTimes suggests that TSMC might increase the cost of its chip development. It will affect its customers, including Apple. Obviously, if Apple has to bear an additional cost, it will compensate the same from the customers. That said, the company can retain the same price. Specifically, the advanced and mature process technology from TSMC could increase the cost of development by up to 20 percent. The pricing can come into place by January next year.

Furthermore, Apple will release its next iPhone series- iPhone 13 lineup. Specifically, Apple could hold the launch event for iPhone 13 in September, according to some rumors. Other rumors suggest that it might arrive on September 30. It will come equipped with better camera sensors for professional photographers, a display with a higher refresh rate display, A15 Bionic processors, and a smaller notch.

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