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Omron issues price increase notice

SemiMediaEdit
January 26, 2022

According to the supply chain, Omron recently sent a price increase notice to its customers and distributors, noting that the price of some products will be increased.

Omron mentioned in the price increase notice that due to the continued impact of the Covid-19 epidemic, there has been a serious shortage of core components such as chips and a substantial increase in costs. OMRON has been making every effort to minimize the impact on customers while absorbing costs that have continued to rise in the past. However, as raw materials, component costs, transportation costs, and labor costs continue to rise, it becomes more and more challenging to control costs.

In view of the above reasons, Omron stated that it will increase the prices of its system control products by 15%, and the prices of inverters, safety products, application sensor products, electrical components, industrial relays and industrial switches by 10%, effective January 24.

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