Recently, the price increases have been like a relay race: first the board materials increased, then the ink prices went up, followed by packaging materials, and finally auxiliary consumables…
The price hikes have left some circuit board manufacturers disheartened, hesitant to accept new orders due to the lack of profit, and even potential losses.
Even during the “golden September and silver October,” the atmosphere in some companies can be described as bleak and dismal…
Finally, recently some companies have “raised the flag to increase prices,” issuing notifications for price hikes on circuit boards.
On August 23, Morgan Electronics issued a PCB price increase notice, stating that new orders would see a 15% price increase effective immediately.
On August 25, Lianxin Electronics announced a 10% price increase for circuit boards.
On September 6, Kesenlin Electronics announced that all products would see a 15% price increase starting September 6, and all unfulfilled orders would be executed at the new prices, with potential further increases in the future.
On September 8, Haili Electronics announced a 10% price increase for double-sided circuit boards and a 15% increase for four-layer boards. All unpaid orders would be canceled and replaced with cash orders at the new prices.
(The above price increase images are sourced from: Performance List “PCB Boards Spark New Round of Price Increases, LED Displays Forced to Increase Prices”)
Perhaps circuit board manufacturers have heard such voices:
But it is uncertain whether the person saying this has ever considered: circuit board manufacturers not only bear the rising costs of various materials but also face financial pressures:
Marx elaborated on the concept of “average profit” in “Capital,” arguing that in a situation of equal competition among various sectors and industries, it is reasonable for equal amounts of capital to yield equal amounts of profit.
The market proves that without profit support, it is difficult for enterprises to survive, let alone ensure innovation and quality service. Over time, this not only poses a survival crisis for enterprises but is also detrimental to the long-term development of the industry.
Therefore, price increases are unavoidable and necessary.
Moreover, when board manufacturers propose price increases to customers, it is not an arbitrary act to seek exorbitant profits. Instead, it is based on the principle of mutual benefit and shared progress, ensuring that they can continue to provide quality products and services while also maintaining their own viability.
Everyone’s well-being is truly important, isn’t it?
Written by PCB Information Network. Please indicate the source when reprinting.
