It looks like Apple isn’t the only tech company mulling over the idea of raising prices.
Acer, the Taiwanese tech company known for producing PC-related products, just announced that they will be increasing prices by 10% to keep up with the rising costs set forth by Trump’s tariffs on Chinese imports.
The company has yet to iron out the kinks. Specifically with regards to how the 10% increase will be implemented. Will certain products be exempt from the increase, or will it affect all of their products?
Unlike Apple, Acer won’t be bearing the added costs of importation just to stabilize the prices for the consumer. However, Acer has disclosed a plan to relocate its manufacturing somewhere where the U.S. hasn’t imposed tariffs. The Philippines, perhaps?
Does this affect PC prices in the PH?
Although the tariffs don’t directly affect the Philippines, they do, however, have rippling consequences for the global market. As previously mentioned, Acer is mulling over the idea of moving manufacturing outside of China.
If this does occur, production may be disrupted, which would impact availability and ultimately drive up prices in the Philippines. Additionally, tech companies could also raise prices globally to mitigate the added costs set forth by the tariffs.
Will other manufacturers raise prices?
As of this writing, only Acer has confirmed the price hike for their products, but we expect other tech companies to soon follow. We just hope that the effects don’t raise the prices dramatically, especially with the Philippines already having one of the highest tech prices in Southeast Asia.
What do you think?
If you liked this article, check out our other articles on Acer.