Hikvision to Raise Hard Drive Prices on July 1; Q3 OEM Hard Drive Costs Surge Over 50%
Source:
mp.weixin.qq.com
Hikvision has recently issued a price adjustment letter to its distributors, announcing that from July 1 this year, the company's hard drive product prices will be raised accordingly. Additionally, prior to July 1, other Hikvision products will also undergo an initial round of price increases. This hard drive price hike is primarily targeted at the distributor channel. In response to the current volatile supply and pricing situation, Hikvision has recommended that distributors lock in orders and prices as soon as possible.In fact, this is neither Hikvision's first price adjustment nor an isolated case. Regarding the reason for this price increase, insiders have indicated that the core driver is the persistent crowding-out effect caused by the "explosive" growth in AI demand. Hard drive procurement costs have continued to climb. Compared to Q2 of this year, the hard drive cost quotes from OEMs for Q3 have risen by more than 50%. Based on current market conditions, product prices may continue to increase in the coming period. (Blue Whale Finance)