Newegg Repents for Overpricing AMD APUs by Partially Refunding Customers
California-based Chinese PC hardware retailer Newegg late Tuesday, issued partial refunds to customers who bought highly marked-up AMD Ryzen 2000-series APUs with Radeon Vega graphics. At launch, Newegg marked up the Ryzen 3 2200G and the Ryzen 5 2400G by as much as US $20 above their MSRPs of $99.99 and $169.99, respectively. The 2400G was listed at $189.99, a price that greatly erodes the chip's competitiveness in the market against similarly-priced Intel chips. Newegg has since "lowered" prices of the two chips back to their MSRPs, and is writing to those who bought the chips at marked-up prices, intimating them of refunds of the mark-up back to their original mode of payment.