Svmuu News: Hikvision has recently issued a price adjustment notice to its distributors, announcing that the prices of its hard drive products will be raised effective July 1 of this year. In addition, prior to July 1, Hikvision will have already implemented a round of price increases for its other products; this hard drive price hike primarily targets the distributor channel. In light of the current situation marked by significant supply and price volatility, Hikvision has advised distributors to lock in orders and prices as soon as possible. In fact, this is not the first time Hikvision has adjusted prices, nor is it an isolated instance. Regarding the reasons for this price adjustment, informed sources indicate that the core issue lies in the sustained squeeze effect caused by the “explosive” growth in AI demand. Hard drive procurement costs continue to rise; compared to the second quarter of this year, original manufacturers’ third-quarter hard drive cost quotations have already increased by more than 50%. Given the current market conditions, there remains a possibility of further price increases in the near future. (Blue Whale Finance)