Hikvision raised hard drive prices on July 1st, with original equipment manufacturer (OEM) hard drive costs increasing by over 50% in the third quarter.

According to Odaily Planet Daily, Hikvision recently issued a price adjustment notice to its distributors, announcing a price increase for its hard drive products starting July 1st. Furthermore, other Hikvision products will also see price increases before July 1st, with this particular hard drive price hike primarily targeting the distributor channel. Faced with the current situation of significant supply and price fluctuations, Hikvision has advised distributors to lock in orders and prices as soon as possible. This is not Hikvision's first price adjustment, nor is it an isolated incident. According to sources, the core reason for this price adjustment is the continued squeeze effect brought about by the "explosive" growth in AI demand. Hard drive procurement costs continue to rise; compared to the second quarter of this year, the original equipment manufacturer's (OEM) hard drive cost quotes for the third quarter have increased by more than 50%. Based on the current market situation, there is still a possibility of continued price increases in the near future. (Blue Whale Finance)