September 28, 2016, 11:49:32 PM

Author Topic: Price increase  (Read 1701 times)

Ray Padden

  • Guest
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  ::)

canon rumors FORUM

Price increase
« on: November 11, 2011, 09:57:16 AM »

Meh

  • 5D Mark III
  • ******
  • Posts: 706
Re: Price increase
« 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.

K-amps

  • 1D X Mark II
  • *******
  • Posts: 1785
Re: Price increase
« 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.
EOS-80D & Pentax K1
EF Mount Rok 14mm F2.8; ∑ 24-105mm F4 A; 70-200 F/2.8L Mk.II; 100-400mm L Mk.II; EF 85mm L F/1.2 Mk. II; 100mm L F/2.8
Pentax D-FA 15-30 F2.8 & 28-105mm

canon rumors FORUM

Re: Price increase
« Reply #2 on: November 11, 2011, 10:45:33 AM »