Raspberry Pi temporarily increases Pi 4 price in response to chip shortages

Raspberry Pi has increased the price of its Raspberry Pi 4 with 2GB RAM to address supply chain issues. Eben Upton, CEO of Raspberry Pi, says the price increase is the company's first ever. It will cause the Pi 4 2GB to go up by $10, from $35 to $45. The company will reintroduce the 1GB Pi 4 for $35 to meet the needs of customers with tighter budgets.
Upton says that these changes in pricing will not be permanent. Upton writes that global supply chain problems are starting to moderate and that Upton is seeing early signs that the situation in the supply chain is improving.

We want pricing to be back at the level it was before we lose our ability to do so quickly.

The 2GB Pi 4 is experiencing a 25 percent price rise. This computer, which is highly valued for its affordability and reliability, could have an impact on industrial customers who use Raspberry Pis. Upton states that even though the world is slowly recovering from the pandemic it seems like semiconductors are still in high demand because companies panic-buy components to make sure they have enough.

These changes reverse the price drop Raspberry Pi made in February 2013 in response to falling RAM prices. This was just weeks before the COVID-19 epidemic began to disrupt the supply and demand for consumer technology. Everybody, from game console manufacturers to car makers, has been dealing with shortages in key components that have hampered their ability to produce enough product to meet demand.

Raspberry Pi has announced that it is deprioritizing production for the Raspberry Pi 3B Plus and is encouraging customers who depend on this model to move to the 1GB Pi 4 to maintain uninterrupted availability.