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7/14, 10:18 AM (Source: TeleTrader)
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Intel to hike some products prices due to rising costs - report

Intel Corporation has told clients that it will increase the price of some of its products, including its microprocessors and peripherical chip products, later this year, Nikkei Asia reported on Thursday, citing three executives with direct knowledge of the matter.

The move will likely occur in autumn and will affect key products such as central processing units for servers and computers, but it also will include a wide range of other items for Wi-Fi and additional connectivity.

The hike could reach even more than 10% and 20%. Intel also says the measure is needed due to the hiking costs for production and materials.

Baha Breaking News (BBN) / JG