SAN DIEGO –
Pulse, a provider of electronic component and subassembly design and manufacturing, will increase prices at least 10% worldwide, the result of higher costs of sub-components, consumables, energy and labor.
Worldwide distribution prices were increased in July and direct customer notifications are underway, said the firm.
“We are not alone in experiencing severe cost pressures in manufacturing and in needing to raise prices,” said Dan Jackson, vice president of worldwide sales. “Government-mandated wage increases, rising supplier costs, and well-publicized high fuel prices can no longer be absorbed. In the interest of our stakeholders, we must increase prices just to keep pace."