ADI issued Distributor Notice for price adjustment of old vintage products
According to the supply chain, Analog Devices sent a Distributor Notice to some of its distributors on April 7 stating that it will adjust the prices of some of its older vintage products.
The notice pointed out that ADI has experienced rising costs in all supply chains, including raw materials and packaging. ADI recognizes that their older vintage products are important to their customers, and they are committed to helping customers succeed.
ADI stated that it will increase the prices of these old vintage products, and the new prices will take effect on May 16, 2021. In addition, ADI emphasizes the necessary price increase will enable ADI to manufacture these products for the foreseeable future.
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