LG announces Price Hike on IT Products

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

LG announces Price Hike on IT Products 
It seems the depreciating value of the Rupee is taking a toll on the prices of IT products. As per the latest report, LG Electronics India Private Limited (LGEIL) has announced a marginal increase in the prices of its IT products.

Sanjoy Bhattacharya, IT Sales Head, LG India, said, "The increase in the prices of our IT products is the the macroeconomic situations that are beyond our control. This price hike was necessitated due to the ongoing rupee depreciation. An increase of Rs.500 to Rs.1,500 would be applicable on all the monitor models, and Rs.100 on optical drives. We have tried to absorb the maximum cost to minimize the price increase and provide our customers with the best in class products."

The price increase across all the IT products would come with immediate effect.......See More

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