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I was under the impression it was a lot more than $200, but that still seems costly for what it does. For $100 more you can get an AYN Odin 2 which does a hell of a lot more stuff for the price.
For twice the price you get a base model steam deck
I mean it’s an 8in 1080p touch screen display at 60hz, the panel is probably around $60, the hardware is probably like a pi zero so $20, and a controller $70. So just on hardware this is probably around $120 after taking into account supply chain discounts. Then, manufacturing costs, and they probably don’t even have that high of a profit margin on the device. Add in a $100 for the actually chip set and yeah you get more features but it’s not that crazy imo. Just a niche market for sure.