As Chinese contract manufacturers such as Foxconn and Nam Tai (NTE) hike wages thanks to a combo...

|About: Nam Tai Property Inc. (NTP)|By:, SA News Editor

As Chinese contract manufacturers such as Foxconn and Nam Tai (NTE) hike wages thanks to a combo of inflation and public scrutiny, many tech OEMs, including AAPL, HPQ, DELL, and NOK, are warning prices could rise as a result. Apple could be relatively immune, thanks to its high margins, but rising wage costs could present a bigger challenge for other PC makers, as well as for Nokia, whose phones carry an ASP of just ~$70.