BUZZ-Dell and Lenovo plan price hikes amid rising memory costs, TrendForce says

Reuters12-05 23:50
BUZZ-<a href="https://laohu8.com/S/DELL">Dell</a> and Lenovo plan price hikes amid rising memory costs, TrendForce says

** PC-maker Dell DELL.N plans to raise prices by roughly 15% to 20%, potentially starting mid-December, says market-research firm TrendForce

** China's Lenovo 0992.HK has told customers that all current quotes expire January 1, and prices will increase after that - TrendForce

** DELL shares slip in early trading

** "We're in a very unique time. It's unprecedented. We have not seen costs move at the rate we've seen" - Dell COO Jeff Clarke said late last month

** A global shortage of memory chips is forcing AI and consumer electronics companies to fight for scant supplies

** TrendForce says higher memory costs are inflating manufacturing costs, pushing brands to raise retail prices, which is weakening demand

** As a result, TrendForce cut its 2026 notebook shipment forecast from 1.7% YoY growth to a 2.4% YoY decline

(Reporting by Anhata Rooprai in Bengaluru)

((Anhata.Rooprai@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment