According to the supply chain, TE Connectivity recently issued a price increase notice, saying that it will start to increase prices in July.
TE said in the notice that despite the implementation of several productivity actions, it still faces extraordinary inflation challenges. TE cannot offset the scale and speed of these headwinds. As a result, TE Connectivity will implement price adjustments for all authorized TE distributors in all regions starting July 4, 2022.
TE emphasized that open orders that have not been delivered at the previous price will be revised to the new pricing level on August 1.