On June 16, it was reported that Hikvision has recently issued a price adjustment notice to its distributors, stating that the prices of its hard drive products will be increased starting July 1 of this year. Additionally, before July 1, other products under Hikvision will also undergo a price increase. This hard drive price adjustment primarily targets the distributor channel. In light of the current situation of significant supply and price fluctuations, Hikvision has advised distributors to quickly lock in orders and prices. This is not the first time Hikvision has adjusted prices, nor is it an isolated incident. According to informed sources, the main reason for this price adjustment is the sustained squeeze effect caused by the explosive growth in AI demand. The procurement costs for hard drives continue to rise, with the factory cost quotes for Q3 increasing by over 50% compared to Q2 of this year. Given the current market conditions, there is a possibility of continued price increases in the near future.
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Hikvision Raises Hard Drive Prices Effective July 1, Sources Indicate Over 50% Cost Increase in Q3
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