Seektronics

Recently, Marvell Electronics ( Marvell ) issued a notice letter. The letter states that due to increased costs on the supplier side and other additional expenses, the price of its products will increase by 10% effective January 1, 2023.   In the notice letter, Marvell said that product supply issues have been alleviated and that it is now gradually reducing its backlog of orders. As of December 1, the lead time for most products has been reduced to 26 weeks (the 16-week lead time for Fibre Channel HBAs  will remain unchanged). However, due to supplier cost increases and additional costs, Myman must increase product prices by 10 percent, effective January 1, 2023. However, the notification letter does not specify the relevant products and models, nor does it specify whether the price increase is across the board.     In addition to Marvell, AMD also issued a price increase letter in November, announcing price increases for its Xilinx Xilinx-branded FPGA products.   Prices will increase