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Nyko Increases Products’ Prices, New Chinese Labour Laws & Rising Costs As Reasons

by Patrick on May 15th, 2008

Nyko Increases Products’ Prices, New Chinese Labour Laws & Rising Costs As Reasons

Our familiar Nyko (Nyko Technologies) has announced an price increase in most of Nyko’s products. New Chinese labour laws, rising costs of oil and raw materials were the main reasons behind the price increase. However we will not see a drop in quality of Nyko’s gaming peripherals as the company is dedicated on delivering quality products rather than cutting present standards.

“The cost of manufacturing continues to rise while the value of the U.S. dollar grows weaker, forcing us to adapt,” said Herschel Naghi, CEO of NYKO Technologies. “Experience has shown that maintaining quality at a higher price, instead of degrading our product in order to keep costs low, is a strategy that will prevail in the long run.”

So as to speak, gamers have to budget and making smart choices.

Image: Nyko

POSTED IN: Business

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