Panasonic announced on Tuesday that starting in October 2022, it will increase the shipping prices of about 120 categories, including home appliances and batteries, by about 2% to 45%.

Panasonic explained that the reason for the price increase is due to the shortage of semiconductors and the increase in costs caused by the soaring prices of raw materials and parts. and refrigerators and other products prices. It is reported that the products with this price increase will add new vacuum cleaners, Fax machine parts and batteries for computers.

Affected by the Russian-Ukrainian war, the market is worried about supply problems, which has led to a surge in the prices of raw materials such as copper, aluminum, and lithium used in home appliances and batteries, and exchange rate fluctuations have also had a considerable impact. Masahiro Shinada, president of Panasonic, said that in terms of products that cannot absorb costs, the shipping price can only be increased. After November this year, it will also be announced that the shipping prices of other items will be increased.