Powerchip price impact, JVC Kenwood price increased by 30%

Multiple reports indicate that Japan's JVC Kenwood has announced a price increase of up to 30% for car recorders and car navigation systems as of April 1.

The price of automotive equipment will rise by 3-15%, the price of consumer equipment such as headphones will rise by 5-20%, and the price of commercial equipment such as wireless systems will rise by 10-30% due to the price of raw materials such as chips.

Last April, JVC Kenwood also announced a similar price increase for car radios, and consumer and commercial radio equipment in the range of about 3% to 25%. This year's price increase is even greater.

JVC Kenwood said that with the soaring price of crude oil, raw material prices continue to rise, and distribution costs continue to rise, it is difficult to maintain regular product prices by self-reliance alone. The price increase of power supply DC/DC chips also affected the price of the low-power transceivers and other digital devices.

In the field of automotive, JVC Kenwood and Marvell, Infineon, NXP, Renesas and other well-known companies as important. JVC was a subsidiary of the Panasonic Group, to sound, image acquisition, storage, processing, transmission and other proprietary technology and extensive involvement in professional, and residential electrical products, research and development, and manufacturing, the history of the electrical industry left many epoch-making technologies. Until Panasonic sold it to Kenwood Group.

At present, JVC Kenwood did not specify the specific price increase of the equipment model, all to its official announcement information shall prevail.

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