ZapperBox increased the price of its over-the-air DVR from $275 to $300 on Amazon following a 10% tariff on Chinese imports. The company's founder, Gopal Miglani, mentioned that moving manufacturing to Taiwan after the tariffs caused higher costs. In contrast, larger tech firms like Apple can absorb such tariffs better. AstroPad is also contemplating price hikes but aims to maintain quality and explore alternatives before raising prices. Both companies represent smaller tech players dealing with the financial impact of tariffs more acutely than their larger counterparts.
Gopal Miglani, the founder of ZapperBox, explained that price hikes are necessary to offset increased manufacturing costs in Taiwan due to tariffs on Chinese goods.
AstroPad's CEO Matt Ronge shared the company's commitment to avoid price raises, emphasizing the importance of maintaining product quality while exploring cost-saving alternatives.
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