The global economic environment is challenging and risks persist, highlighted by fluctuating commodity prices. The global COVID-19 epidemic continues, the ripple effects of the epidemic affect a lot of industries which supply the basic material. The demand of raw materials such as IC components, chemicals, rare material metals and packaging paper is surging, while the prices of these materials continue to rise under the influence of many factors.
After the 1st quarter of 2021, we have been adjusting our purchase channels in order to stabilize the finished product as much as possible without too much increase. We are confident that all of our respected customers will support and understand our situation.
After we have repeatedly discussion, we will decide to increase the FOB prices of most of our products by 5%-10%, which will take effect from May 1st, 2021. The New price list will be sent you by email later on. Please pay attention to check the relevant email from us then.
We hope you can understand and accept our difficult decision.
