Another price hike is being implemented by one of the largest OEMs, which will further make buying PCs unfeasible.
Lenovo to Implement a Price Hike Across All Its PC Products With Some PCs Seeing As Much As $150 Increase in Price
The current state of the PC market is not normal. OEMs keep increasing the prices of their products, and despite having already implemented hikes several times this year, many vendors are still adjusting prices every few weeks. ASUS, Maingear, Framework, AMD, NVIDIA, and many others have announced new prices for their products this year, and now Lenovo is next.
Lenovo has a wide range of products in its catalog, and is one of the biggest PC makers globally. As per the new report by the Chinese media outlet Sina Finance, the company is set to implement a price hike across its product stack. This is reportedly the second price hike by the company this year, and this will increase the prices for some of its PCs by as much as 1,000 Yuan, or US$147.
According to public information at the time, Lenovo had already officially issued product price adjustment letters to all channel merchants and partners across the country. The terminal retail prices of some popular computer models increased by as much as more than 1,000 yuan.
- Finance Sina (Machine Translated)
The new price adjustment will reportedly take effect in July, and Lenovo has informed its distributors to order before the new prices take effect. Once again, the hike in prices is linked to the high DRAM and storage costs, which have forced almost every major and minor PC vendor to increase product costs. If this continues, buying PCs will become unfeasible, particularly when the DRAM market is expected to continue like this for the next two years.
It's said that the entire industry is feeling the pressure of rising costs, and many vendors have started implementing price hikes in advance, as early as six months. Products have already seen a price hike of up to 30%, while RAM and SSDs continue to sell for 4-5X their original prices.
News Sources: Sina, Via Videocardz
About the author: Sarfraz Khan is a hardware reporter with a focus on PC components and the builder community. With years of experience writing about PC hardware and laptops, his work has been featured on several reputable technology publications. Sarfraz's hands-on experience is demonstrated through his first-person accounts of using and comparing different hardware configurations, providing practical and relatable insights for everyday users. His technical analysis is respected by peers in the enthusiast community and has been cited by specialized hardware sites such as Germany's Igor's Lab.
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