Why are ultra flagship IEMs so expensive these days?
It seems like there's an arms race going on over who could charge the most for a high-end IEM.
There are way too many new IEMs costing over $8k, which is more than most summit-fi tier headphones like the Solitare-P, Susvara Unveiled, Imanis, etc.
What part of an IEM's manufacturing, material, components development, or procurement, tuning, or R&D warrants such prices?
PS: The cutoff point for an IEM is about 15-20k rmb (I live in China). The most expensive i considered purchasing was the BGVP Wukong (monkey king), which can be had for around 22k rmb in China (open box but brand new).