Based on the size of the connector a tear down is going to show a rather complicated board for a “simple” adaptor. Because the Lightning port is designed to be reconfigured on the fly depending on the accessory plugged in and not a single dumb bus protocol like USB2.0 the chip in this cable needs to be able to talk in HDMI and some other standards.
Fun fact: while Lightning was originally designed around being a reversible USB2.0 connector because of the dynamic reconfiguration of the reversible sides at the port it is capable of speaking in native USB3.0 on all of the pre-Usb-C iPad pros.
The price is reasonable for what it is, honestly, but very few people will actually need to buy one.
Based on the size of the connector a tear down is going to show a rather complicated board for a “simple” adaptor. Because the Lightning port is designed to be reconfigured on the fly depending on the accessory plugged in and not a single dumb bus protocol like USB2.0 the chip in this cable needs to be able to talk in HDMI and some other standards.
Fun fact: while Lightning was originally designed around being a reversible USB2.0 connector because of the dynamic reconfiguration of the reversible sides at the port it is capable of speaking in native USB3.0 on all of the pre-Usb-C iPad pros.
The price is reasonable for what it is, honestly, but very few people will actually need to buy one.