Sonos Products Are About to Get More Expensive
VIETNAM AND MALAYSIA, AUG 6 – New tariffs of 20% on Vietnam and 19% on Malaysia will raise Sonos hardware costs, impacting prices for US consumers later this year, the company said.
- Sonos plans to raise prices across its product range later this year due to increased tariffs on products from Vietnam and Malaysia.
- The tariffs are set at 20% and 19%, respectively, affecting products manufactured in these countries.
- Current Sonos products are already premium-priced, and the planned hikes may increase their prices further within the high-end market.
- CEO Tom Conrad stated that the goal is to create a pricing plan that supports growth profit dollars.
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Total News Sources14
Leaning Left4Leaning Right0Center2Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
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