Fujifilm announces price increases
- Announced “double digit” price increases to take effect on 3/18/24
- Move came in response to “economic challenges”
- “unprecedented increase in labor costs”
- “sharply rising freight and warehousing rates”
- “increased input prices from suppliers”
- “ongoing issue of high energy prices
- “Despite our best efforts to absorb the impact of these increases, we can no longer avoid raising the prices of many of our products and services”; stated Taku Ueno, SVP of Graphic Communications division
- (unknown if this will force Xerox to also raise its prices, and Fuji provides A3 and PPS hardware to Xerox)