Scalpers Flip RTX 40 Series Founders Edition GPUs For Fat Profits In China
Nvidia has some of the best graphics cards money can buy right now. The company’s GeForce RTX 40 series graphics cards are everywhere. However, an exclusive Founders Edition was recently launched in China. As usual, scalpers quickly bought up all the stock and resold Ada Lovelace graphics cards for a hefty profit.
The launch date for Nvidia’s GeForce gaming graphics cards will be generally available worldwide. However, Nvidia does not offer the Founders Edition in all regions. Some countries do not have direct access to the Founders Edition. Therefore, consumers have no choice but to rely on third-party retailers. So was the case with China. In retrospect, Nvidia didn’t launch his GeForce RTX 30 series (Ampere) Founders Edition model in China. Chip makers seem to want to do things differently this generation.
In the US market, consumers can purchase Nvidia’s Founders Edition graphics cards directly from the company’s retailers. online store Or through Best Buy. Nvidia has no stores in China. Instead, the chipmaker chose his JD.com, one of China’s leading online retailers, to distribute Founders Edition models.Chinese media IT home There were reports that the stock was depleted. However, given that we don’t know how many of his Founders Edition graphics cards Nvidia has allocated for the Chinese market, it’s hard to put this in context.
graphics card | US suggested retail price | Chinese Manufacturer’s Suggested Retail Price | scalper pricing | Chinese Manufacturer’s Suggested Retail Price and Scalper Price |
---|---|---|---|---|
GeForce RTX 4090 | $1,599 | 12,999 RMB ($1,810) | 16,499 RMB ($2,298) | 27% |
GeForce RTX 4080 | $1,199 | 9,499 ($1,323) | 10,499 RMB ($1,462) | 11% |
GeForce RTX 4070 | $599 | 4,799 ($668) | 6,999 RMB ($974) | 46% |
GeForce RTX 4060 Ti | $399 | 3,199 ($446) | 4,999 RMB ($696) | 56% |
The standard VAT (Value Added Tax) rate on Chinese imports is 13%, but the Chinese manufacturer’s suggested retail price does not accurately reflect that. Originally, Founders Edition graphics cards already come with a hefty price tag, but scalpers are reselling graphics cards at even more exorbitant prices.
In stores, the GeForce RTX 4090 Founders Edition is priced 27% above the Chinese MSRP. The GeForce RTX 4080 Founders Edition is the least affected, with only an 11% price increase compared to the official price. Scalpers, on the other hand, have the GeForce RTX 4070 Founders Edition and GeForce RTX 4060 Ti Founders Edition at 46% and 56% above MSRP respectively.
Luckily, there are plenty of affordable custom GeForce RTX 40 series graphics cards for Chinese consumers to choose from. As for the Founders Edition, it’s probably out of reach for most buyers, given that scalpers charge a hefty premium for their graphics cards. But with nasty pricing like the one we’re seeing, it doesn’t take long before the scalpers realize they won’t move the unit. After the initial hype is over, the price will eventually have to come down to lessen the strain on graphics cards.