Hikvision to Raise Hard Drive Prices from July 1, OEM Q3 Hard Drive Cost Increases Exceed 50%

Odaily Planet Daily News Hikvision has recently issued a hard drive price adjustment letter to its distributors. Starting July 1 this year, the company's hard drive product prices will be adjusted upward accordingly. Additionally, before July 1, other products under Hikvision will also undergo a round of price increases, and this hard drive price adjustment is primarily targeted at the distributor channel. Facing the current situation of significant supply and price fluctuations, Hikvision has advised distributors to lock in orders and prices as soon as possible.

In fact, this is neither Hikvision's first price adjustment nor an isolated case. Regarding the reason for this price adjustment, insiders stated that the core issue lies in the sustained crowding-out effect caused by the "explosive" growth in AI demand. The procurement cost of hard drives continues to rise. Compared to the second quarter of this year, the OEM's quoted hard drive cost for the third quarter has increased by more than 50%. Based on the current market situation, product prices may continue to be adjusted upward for some time in the future. (Blue Whale Finance)