Siemens' price hikes went crazy!

When applying for a Siemens product recently, I found that the same price can’t buy what I need. The supplier responded that the market price of raw materials increased, and the exchange rate fluctuated; I received a reply from the supplier today, all of which increased the price to varying degrees. , Oops, faster than wages rise! Did you find out?
Reason 1: The chip is out of stock


Following the major shortage of chips in the fourth quarter of 2020, 2021 will be an increasingly fierce “war” of global chip shortages. Chips in industries such as automobiles, mobile phones, and automation have begun to be out of stock. So, why are the chips out of stock in 2021? And how long can this situation be relieved? Let's take a look at the following.


Industry insiders around the world stated that the global chip shortage is not only due to the huge increase in demand caused by the epidemic and the tight production capacity of manufacturers, but also the butterfly effect caused by the US sanctions on Huawei and the prohibition of purchasing its chips. In this way, three key factors have been brought together. One piece, leading to the global shortage of goods from automotive chips to the entire production chain.


For the current global chip shortage situation, relevant industry insiders predict that it will take at least two years to relieve it. After all, it is not so easy to increase the production capacity of chips. The corresponding equipment and parts demand require a very strict process. Chip manufacturers cannot make random adjustments. Production safety and stability are the first demands.
Reason 2: The factory is short of materials


If you are engaged in the bulk commodity trading industry, you will find that since the second half of last year, the prices of domestic bulk raw materials, such as copper, iron ore, crude oil, paper pulp, sugar, cotton, etc., have been rising continuously; especially since this year , The increase is even more obvious. The price of some raw materials even increased by more than 20% within a month, which is a shocking increase.


The ordinary people do not understand the price changes of raw materials, but they have personal feelings about the price of the terminal. For example, copper is used to make motors, petroleum extracts are the main source of plastics, and iron ore production There are more uses for iron, so the price increase of raw materials will definitely drive up the price of terminal commodities. For example, from the end of December 2020 to the present, the prices of domestic white goods products have risen to varying degrees, such as televisions, Many home appliances, including range hoods and washing machines, have increased by more than 10%, and individual products have increased by more than 20%.
In fact, there are many reasons, such as non-acceptance of orders, serious shortage of goods, cycle of goods adjustment, fewer and fewer goods on the market, etc. The final price is naturally more and more expensive, except for Siemens, such as Schneider, ABB Are all seriously out of stock;