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Politics : Formerly About Applied Materials
AMAT 322.51+6.1%Feb 6 9:30 AM EST

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To: StanX Long who wrote (62320)3/25/2002 1:39:45 AM
From: StanX Long  Read Replies (1) of 70976
 
NEC plans to raise computer prices on higher parts costs

Monday March 25, 12:01 PM

sg.biz.yahoo.com

TOKYO (Reuters) - NEC Corp said on Monday it plans to increase the suggested retail price on its personal computers due to rising prices of parts such as DRAM chips and liquid crystal displays.



"We are in a situation where we have to jack up PC prices from the next new product line," said a spokesman for NEC <6701>, Japan's biggest supplier of personal computers, declining to say how much the increase would be.

NEC's comment came after U.S. firm Apple Computer (Singapore: AAPL.SI - news) Inc last week jacked up the price on its low-end iMac desktop computer by $100, complaining that prices of components were going through the roof.

The Nihon Keizai Shimbun reported on Sunday that NEC's peers Fujitsu Ltd <6702> and IBM Japan Ltd, a unit of International Business Machines Corp , also plan to raise their PC prices by 10 to 20 percent starting in April.

A Fujitsu spokesman told Reuters: "Although parts prices have been up, we have not decided whether we should raise our PC prices."
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