Are UK tech prices about to rocket?
If you've been to Europe in the past few weeks, you'll have returned wishing to call the Police about a nagging sensation of being mugged on a daily basis. If you went to Barcelona, you probably were. The pound has collapsed against the Euro, and it's not shaping up too well against any other currency right now. The result is not only having to pay a fiver for a pint of Stella in Spain, but the in-store cost of electronics is slowly creeping up.
The high value of the Yen in particular, is forcing manufacturers to raise their UK retail prices. TechRadar cites the prices of Denon products as examples of what is to come. Denon's new DVD-1800BD Blu-ray player, which was slated to be sold at £600, has risen in price to £700; the Denon DVD-3800BD deck had a RRP of £1,600 in November and is now nearly £2,000.
TechRadar also points to Sony's XEL-1, an 11-inch TV that uses organic light emitting diode (OLED) technology, available from Japan and the US online from under £1,500. To pre-order one in UK, you'll find yourself paying the thick end of £3,489. It's also worth remembering that back in December, Sony were considering raising the wholesale price of the UK products by a full third. Yikes.