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Electronics manufacturers expect to hike prices again in 2022 as material, labor costs rise

Posted by: ICB
Category: Air Freight, Contract Logistics, COVID-19, Customs Brokers, Freight Forwarding, Ground Freight, Imports, Ocean Freight, SCS Management, Special Offers

Two-thirds of respondents to IPC’s survey had raised prices by an average of 14.5% in 2021. Sustained pressures on profit margins have some manufacturers considering additional increases.

Author: ICB

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