Intel confirms: price increases are on the way

by time news

Intel had a difficult second quarter and this is reflected in its financial reports, which first of all show smaller revenues. Therefore, the predictions that the company will raise the prices of its products later in the year, and probably mainly in the consumer aspect of the map, are about to come true – the company stated Because revenue from its consumer products division was down 25% in year-over-year terms, mainly due to weakness in the educational and SMB markets.

“We have a good product lineup that will be launched during the second half of the year, and I think we’re operating with the wind in our sails in terms of product offerings for all of our product lines. And the third thing, we’re raising prices, and price increases are usually reflected in the fourth quarter,” said a manager The company’s chief financial officer, David Zinsner.

Intel has not yet announced when the price increase will take place, and what its height will be, but according to reports it has marked mainly three areas: controllers for WiFi, processors for servers and most, as mentioned, processors for the consumer market. According to the same reports, the price increases can reach up to 20%.

As you remember, Intel is supposed to officially launch sometime in the fourth quarter of this year the 13th generation Core processors, Raptor Lake, in which the company has high expectations.

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