Pricing hikes on consumer electronics products due to input cost increases and regulatory changes affecting LG Electronics and Blue Star.
4 reports, 2 independent
Updated Sep 4
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What happened
Pricing hikes on consumer electronics products due to input cost increases and regulatory changes affecting LG Electronics and Blue Star.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Companies are localizing production to protect margins amid rising commodity costs from the West Asia crisis.1 source
LG Electronics and Blue Star are facing pricing hikes due to rising input costs and regulatory changes.1 source
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The entities involved
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LG Electronics
South Korean multinational electronics company
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Blue Star
Indian air conditioning company
Nothing else this week.
Related events
- Tata and LG Electronics are facing pressure from rising material costs and inflation while operating in India.
- West Asia flare-up drives commodity price increases while Blue Star seeks to improve margins through product innovation.
- Intensifying competition between LG Electronics and Hisense is underway in the North American market, driven by regional demand and the Mini LED segment.