From PC Mag: President Trump's 10% tariffs on Chinese goods will force Acer to increase its laptop prices.
The Taiwanese PC maker plans on rolling out the price hike next month for laptops made in China, according to The Telegraph. "We think 10% probably will be the default price increase because of the import tax. It’s very straightforward," Acer CEO Jason Chen tells the paper.
Like other companies, Acer is looking at moving its manufacturing out of China to help it bypass the tariffs. According to Chen, the company is even considering the US as a potential option — something that electronics manufacturing giant Foxconn has also floated.
One of Trump's main reasons for imposing tariffs is to strengthen US manufacturing, a move that could soon extend to foreign-made chips. But it can take years and billions of dollars to build new electronics factories. So, in the short term, consumers will need to brace for price hikes. The Consumer Technology Association trade group estimates that China manufactures 79% of all laptops and tablets.
Existing Acer laptops already in the country are currently being sold without any price adjustments. But that’ll eventually end as retailers run out of inventory and new laptop units arrive from China.
View: Full Article
