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Raw Material Costs Impacting OEM Prices |
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Written by Mike Buetow
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Wednesday, 21 May 2008 |
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MUMBAI, INDIA -- Electronics OEMs are reporting modest price increases of end-products, the result of higher materials and logistics costs.
In recent days, Mirc
Electronics Ltd., a maker of consumer electronics, said it will raise prices 5 to 7%
across the board.
Also, Videocon Industries also said it will hike prices on consumer goods by some five to 10%.
Mirc Electronics makes TVs, DVD players and white goods under the Onida brand. Videocon makes TVs and white goods. Both companies cited higher raw material prices, especially for copper and other metals.
Separately, notebook PC EMS firm Wistron in in talks with customers over increasing
manufacturing quotes to reflect rising material and component costs,
according to chairman Simon Lin. Wistron is one of the world's largest notebook PC makers.
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