TSC Auto ID Technology Announces it Will NOT Raise Prices in Face of Impending China Tariffs
Brea, CA, USA – May 24, 2019 – TSC Auto ID Technology (TSC), has announced there will be no price increases as a result of recent tariffs on products imported from China. In keeping with the company’s commitment to ensuring its partners' success, the company has decided to keep prices at current levels for both TSC and Printronix brands.
The United States Government announced its intention to impose tariffs of up to 25% on goods imported from China effective June 24, 2019. The tariffs will significantly impact the cost of printers, printheads, batteries, and accessories and have resulted in many printer manufacturers raising their prices.
“During these difficult and uncertain times, we want our partners to feel secure in the stability of our products and prices,” said Kevin Aie, CEO, TSC Auto ID Technology Americas. “While many companies have announced their intention to pass the increase along to their partners, we have decided to absorb the impact to our bottom line. We know its tough out there and we are committed to working with our partners to navigate this volatile time together. By stabilizing our prices, we are protecting our partners' profitability and ability to grow business. We don’t want to cause any disruptions in the way our partners do business.”
TSC and Printronix Auto ID have also announced that the tariffs will not impact their current printer rebate promotion and “Try & Buy” printer programs. Partners and customers can still purchase a printer and return it in 30 days with “no questions asked” if they are not satisfied with the product.
TSC Auto ID Technology Co. Ltd. (TSC) is a global provider of quality Auto-ID solutions for transportation and logistics, manufacturing and healthcare, industry and retail, offering a diversified line of innovative and reliable products with excellent quality. TSC has over 25 years of experience dedicated to barcode and label printers, with more than 4 million installed in over 90 countries. That puts the company, headquartered in Taiwan and producing in two own factories, into the top 5 manufacturers of thermal label printers in the world. TSC is traded on the Taiwanese stock exchange