据 means “set in place, install”

すえる · sueru

Also: set, lay a foundation, equip

Kun'yomi (Japanese reading)
すえる, すわる
On'yomi (Chinese reading)
キョ

JLPT N1 · Taught in secondary school · 11 strokes

The story

A hand (扌) beside 居, to stay: setting something down where it will stay. 据える is to install, 据え置き is leaving prices or rates as they are, and a 据え置き game console sits under the TV, unlike a handheld.

Used in 据える (sueru, to set/install), 据え置き (sueoki, leaving unchanged), and 見据える (misueru, to fix one's eyes on)

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Readings from KANJIDIC2, © EDRDG, CC BY-SA.