Sharply rising memory and SSD costs have prompted Dell Technologies PC and server price increases.
In a conference call to discuss Dell Technologies' earnings for its fiscal first quarter ended May 5, CFO Tom Sweet said the company anticipates rising costs as a result of ongoing memory and SSD shortages to persist for the remainder of the year. Memory prices have doubled, Sweet said, and SSD prices have increased about 20 percent since shortages took hold late last year.
Solution providers are fighting the battle on two fronts. Along with price increases, the shortages have in some cases tripled lead times, said Scott Winslow, president of the Winslow Technology Group, a Waltham, Mass.-based solution provider that works with Dell EMC.
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