China Price rising for computers

You heard it here first. The Financial Times is reporting today that the prices of computers are about to go up because of rising raw material and labor costs in China. I first wrote about this in my book, The China Price, and then in Slate last month. As Kathrin Hille writes in the FT, "The Taiwanese manufacturers have called for price rises following past surges in cost, but never managed to get their customers to agree. Now, however, several of the branded PC companies have agreed to share part of the burden, recognising that the entire supply chain is clamouring for price rises, according to executives at the notebook manufacturers." Read the FT story here.