NZD movement, Intel CPU price increases confirmed.
With continued weakness in the New Zealand dollar since September 2021, we are anticipating price increases in Q4, despite an increase in available capacity within manufacturing supply chains. This capacity is in part due to the reduction in demand for Chromebooks, which are down 60% globally since 2020-21.
In total the cost of buying US dollars has increased by more than 17% since this time last year in NZ dollars.
Following a $500m USD loss for the year ending June, Intel has also confirmed prices for CPUs will increase by approximately 10 to 20%. This will have a flow-on effect on the price of finished goods including laptops and desktop PCs, likely to be felt by buyers in the fourth quarter of this year.
Pressure for headline brands, including HP will be increasing as they enter their new financial years. With the fall in the New Zealand dollar since list prices were first published for current generation devices, we are expecting these to increase in November 2022. Short term stock and supply issues that have plagued the market since 2020 are now seeing at least a temporary reprieve, despite ongoing uncertainty.
Because of these factors, we believe this is a good time to address deferred deployments or consider advancing your existing procurement plans. This is also an opportunity to source smaller quantities at current AoG catalogue prices for public sector buyers. Contact your account manager at The Laptop Company for details. Stock is generally available for most popular SKUs, so this looks to be a good window of opportunity for buyers who have felt the effects of shortages and price increases over the last 24 months.