Gadget-makers are warning that ongoing trade wars and tariffs on Chinese goods could lead to price increases, empty shelves, and more frequent software updates and subscriptions for consumers.
Small tech companies are expected to be hit the hardest by these tariffs and may have to raise prices or remove benefits in order to continue operating.
Without a long-term plan to deal with the tariffs, many companies worry that they will run out of stock, leading to empty shelves and potentially impacting holiday sales like Christmas.
Recurring revenues from subscriptions can help some companies alleviate the impact, but overall, the situation remains uncertain and challenging for gadget-makers.