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April 26, 2018, 12:18:15 AM
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Price increase
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Topic: Price increase (Read 2141 times)
Ray Padden
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Price increase
«
on:
November 11, 2011, 09:57:16 AM »
Just read over on gizmodo that China are introducing a 20% increase in the minimum wage. I wonder will this cross over to Canon? According to gizmodo, this will put a mark up of 20% on tech gear, could be scary
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canon rumors FORUM
Price increase
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on:
November 11, 2011, 09:57:16 AM »
Meh
EOS 5D Mark IV
Posts: 702
Re: Price increase
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Reply #1 on:
November 11, 2011, 10:08:12 AM »
20% on top of next-to-nothing is still next-to-nothing
Most foreign companies already pay wages to employees (the legal employees) that far exceed local wage standards so there would be little or no effect.
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K-amps
EOS-1D X Mark II
Posts: 1781
Re: Price increase
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Reply #2 on:
November 11, 2011, 10:45:33 AM »
The minimum wage component in the final price is miniscule. It should be dwarfed by other factors like currency exchange parity, Canon / Dealer margins etc.
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canon rumors FORUM
Re: Price increase
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Reply #2 on:
November 11, 2011, 10:45:33 AM »
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