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As Xbox Series X hits $800, Lenovo warns memory prices will likely ‘never’ return to normal | VGC
(www.videogameschronicle.com)
Sure it will. As soon as a different company other than the US centric megalords decides to join the market you'll see prices plummet faster than you can blink. Look at the Chinese EV market for example. They sell them so low that the US is actively banning them for import.
They are already working on chip production, and they have been experimenting with the computer hardware market for years now. Prices remaining stupid high only works in their favor as there is a direct relation to companies users are willing to buy from, and the products price. Eventually you will hit the point where the user is ok with a lesser known company or product if it means saving almost 400$
I'm not saying anyone should buy said products but, realistically you can't keep prices artificially high forever, eventually someone will take advantage and undercut you. You aren't going to buy an Xbox at 1k when you can buy something similarly performed for 600, thats why the steam machine seems to be DOA. it's 2-300$ over current DIY price, and there are consoles for roughly 300-400 less than it so it missed both markets.
edit: changed it away from being country specific, as technically this change could be from any country.