Lates News

The Zhong Xin Securities research report states that multiple consumer electronics manufacturers have recently started to increase prices or adjust configurations. According to reports from the Chinese flash memory market, information from various online sales channels shows that prices of several Xiaomi tablets currently on sale have been raised by amounts ranging from 100 to 200 yuan. The PC market has also started to follow suit. Overall, the continuous price increases or product configuration adjustments by major manufacturers indicate that cost pressures resulting from the significant rise in storage prices have substantially been passed on to end consumers, leading to a temporary pressure on consumer electronics sales. It is difficult to avoid the concentration of industry resources and pricing power towards top brands with scale and supply chain advantages.