HID Adds Surcharge And Changes Terms of Sale
Adding to HID's major product shortages, HID is now adding a significant surcharge to Mercury products and has changed its terms that risks even further price increases.
Inside this note, we share communication from HID that we obtained, analyze the changes, how it impacts the giant access control provider's customers and the broader competitive issues involved.
Surcharge *.*% ***** *****
**** *** ******** ************ ** * 9.0% ********* ***** ******** ** ******* companies ** ****** ****** ** ******* products ****** ** ** ***** ***** 28th:
****** ** ******* ** ********** ** HID ******* ******** – *** ****** Dated ******* ***** *****
**** ****** ******* *******,
**** ************* ** ** ****** *** of ** ******** ****** ** *** existing ********* ** *** ******* ********.
*** ********* **** ******** ** *.*% for *** ****** ******** ** ** after *** ********* ****. *** ********* date ** ***** **, ****. **** temporary ********* **** ** ******* ** continuous ****** *** ******* **** ****** volatility ********.
********** *** ******* ** ******* ****. Surcharges *** **** ********* ** * separate ****** ** *** *** ******** Access ******* ********* ***** ***** *** full ************.
*** ********** ** **** ** *** surcharges:
********** *** ******* ** ******* ****. Surcharges *** **** ********* ** * separate ****** ** *** *** ******** Access ******* ********* ***** ***** *** full ************.
**** **** *** ~$*** ** $*** to *** **** ***** **** ******* panels ****** ********* *** $*,*** ** $2,000. ****** ****** **** ** ****** and ********** ****** **********.
*** *******, *** **** ** * 2-door**-****** ~$*,***, *** *** ********* **** $175 *** * *** ***** ** ~$2,125.
*** ****** ****** *** *.*% ********* is ******* ** '********** ******' ** market **********/********* *** ***** ** ******* when *** '********** ********'.
Pricing ****** ******** *** *** ******
*** ** *** ************* ** ******** norm **** **** ** ***** ** accepted, *** ***** **** *** ******.
************, ***'* ***** ********* ** *** changing ******* **** ** ***** *** accepted ** ****, ***** **** ************ ***** *****:
*** ******** *** ***** ** ****** its ****** ** *** **** *** without ******; ********, *******, ** ****** to ***'* ******* ***** ****** *** Orders **** **** **** ********** ******** by ***.
*******, *** *** **** *** *** unilaterally ****** *****, ** *** ********* does *** ****** *** ********* ***** order ****** * *****, *** *** purchaser **** **** *** ******** ***** increase *** ****, ***** ******* *** ************ ***** *****:
*** *** ****** ******* (“***** ************”) with ******* ** ****** **** **** been ********** ******** ** ***... ****** the ********* ******* *** ***** ****** 14 **** ** *** ***** ************ notification, **** ***** ************ ***** ** binding ********** ** *********’* ******* ** refusal ** ***** ** ******* * revised ** ************ *****.
*** ******* ********* *** ****** ** IPVM **** **** ** **** * temporary ******:
******* ****** ********** *** **** ******* and **** ****** *** ******* ********. Unprecedented ********** ** *** ******** ***** increases, ********* **** *********, *** ***** cost ********* **** ************ * ******** to *** ***** ****** ** ********* additional *********** *** *** ********. **** market ********** ********, ** **** ******** to ******** ******* *** ***** ****** sales ****** *** ***********. ***, ** is *** ***** ** ******* ** this ****.
Leadtimes **** ** ******* & ***
******* **** ********** ** ***** **** California *** ** "***** ****** *** operational", *** *** *** **** **** time ********, ******* *********** ***** **** by **** ****** *** ***** ******* the ***** ** ********* *******:
***’* **** ***** ********, *** *** for ******* **********, ** ***** ****** and ***********. ***** ** ******** ** navigate ****** ***** *********** ********* *** global *********** ********, ** *** ******* to ****** **** *** ********** *********** has ******** ************* ***** ******** ** 2021, ********* ******* ********** *** **** times. **** ***** ** ******* ****** vary ** ***, ********, ********* ******, and ***** ********* *** ** ******** to **** ******* **** ******** ** manage ************, ********** ******, *** ******* creative **** ** ******* ****** ****** for ******* *********.
** ******* *** **** ******** **** time ****, ******* ****** **** ********* being **** ** **** ** ***** 30-60-90 ****, *** *** ******** ** elaborate ******* ****** *********** ****** ******* instead **** ***** ******* ********* *** can ******* **** **** *****:
**** ***** *** ****** *** ********** on ** ********** *****. **** ********* of **** ***** ******* ******* ****** 25+ ******* *** ********, **** ** whom **** ****** ************, ** **** as ******** ****** *********** ****** *** continents ***** ********** *** ******* *********** of *********** ****** ***********, ** ** impractical *** *** ** ******* * set ** **** ***** **** *** realistically ** **** ** ****** ***-******** project ************.
****** **** ****, ** ** **** a ******* *** *********** ** ****** the *********** **** **** ** ** so. ** ******* ******* *** ********** Mercury *** *******, ******** ******* ******** can ****** ******* ** ******* ************ and ******* **** **** ****** ** it ******** ** *******-******** ************. ** the **********, *** ***** *** ******* with *** *** ******* ********* ** support ***** ******* *** *** ****** needs.
Impact ** ********
*** ** *** ******* ****** *** credential ********, **** ******* * ******** partner ** **** ****** ****** ******* ************* *** ******* ****** ** ***** access *********.
******, ********* **** ******** ***, ********* ProWatch, *******, *******, ******* *******, **** Options, ***, *** ***** ******* *** Mercury ******** ********, *** **** ***** components *** *** ********* *** **** price **********, ** ******* ******* *************** and ******* ** ** ********.
Impact ** ***
** ***** ***** ********* **** **** *********, *** *** ******* ** * niche ******** ** ****** ***********, *******, and *********** ** * ****** ******** as *** ** *** ****** ********** vendors ** *** ****** ******.
******************** ****** *** ******** ************, *** when **** ****** **** ******* ******* demands *** ****** ****, *** ******* loses ******, *** ********/******* *** ****** to **** *** ************ ** **** their *** ***** ******.
*******
****** *** ****** *******, **********, *** lead-time ******, ***** ** ** *********** for *********** ** **** **** ******** with **** ********* ***** *** ************.
** ******** ******** *** **** ************ ****** / ****** ******** *********** ***** ** ******** ** ***** offerings *** ************* ********* ** *********** to *******'* ****** ***********. *******, ***** and ***** *********** *** ***** *** behind ******* *** ** ****** **** Mercury ********, **** **** ** * major *********** *** ******.
****/****
********* **** *** *** **** ***** end ** **** ****. ****** ****** on ******** ********, ********* ***** **** ordered ****** ******* *** *** *** delivered ********* ** **** ************ ********.
******* ***** ****! * ** ****** to ****** *** *** ** ** a **** ******* **** ***** *****-*******, with ** *********** ** * ******** date. *** ****** **** ** ****** and ***** *** ******, *** **** games **** *&*'*.
**** *** *** ** ***, ***** HID ******* **, *** **** ***** to ** ** ****.
**** * *** ****, *** ***** optics.
* ****** ***** ******* ******** **** follow **** *****...
***** ****** ****** **** ********* *** Wavelynx **** ** ****** **** ** now. ******* **** ** * ***** player **** *** **** **** *******.
******** *** ******* ****** * "******** and ********" ****** ***** ** * set ********** ** *** ***** *****. What **** *** ******** ** ** far *** **, ** * ******** charge ** $*** *** * ******-******* order ... **** **** ** ** a $** ** ** ******** ****** has ********* ** $*** ** * $4600 ***** **** ***** *** **** a *** ***** *** **** ** two **** ***** *** ********.
*** ***** *** **** ** **** this ** ******** *** ***** ... I **** *** *** ******* **** .......
*** ***** *** **** ** **** this ** ******** *** ***** ... I **** *** *** ******* **** .......
* *** **** *** *** ** small ** ********** ******** ***** ** that ** *** ******** ********. **** would *** ********* **** **? ******* of ** ********* *****, ***** *** prefer **** * **** ********** ******** to **** **?
*** .... ** ***** **** ***** be **** ******** ******** ******* ** the ********. **** **** *** * regular ***** ******** ** **** ****** on */** * ****** **** ***.
**** ** ** ******** ***** *** relatively ****-**** *** *****/*********** ******* *** not **** ********, *** **** *** policy ******* ****.
***** *** ******* ******* ** * can ***** ****. ****** ** ******* that ** ** ******* **** ******* why ** ******** ** *** *** of ****. ***** ** **** **** we *** **** ****** ** ***** the ****** **** ****** **** ***.
**** ** **** ********. **** "*********** fees" *** *** ** *****--*****! **** must **** ******* ******** ************ **** the ***** ** ********
* **** **** ****** **** ******** surcharge **** ** ******* ******* ******** since ******** **** **** *** ** the ******** ******* ********. ********* ** was *** ****** **** ******** *** my ******* *** ***** ****** ****.
***** *** ***** * $*** ***/**** cost ********* ** ***** ***-****-** ******. This ** *** ** *** **** shortage *** **** ******** ***** *** chips *** ********** ***** ***** **********. At ***** **** ** **** **** are ******. ******** ** *** ** sometime *********.
**** ***** ***** **** *** ***** foolish. * *** **** ****** *** climbing *** *** **** *** ****'** probably ****** ***** ** * *** of *** ****** **** *****'* **** able ** ******* ***, *** ****** hate ******* **** ****'** ***** *******. This ** ***** ** ******** **** bad ******** ** *** **** ***.
* ****** **** *** *** **** times *'** **** ** * ***** call ******** ********* ** * ***** old ***** ********* **** ** **** "I'll ***** *** [*****] ******* [**** BONEHEADED ******** ********] **** ** ****" or ********.
** *******, **** ***** ** **** apologetic *** ******. **** ******* * was ********* ** * ******'* ********** room, ******* ***** *********** *** **** lead ***** *** ************ ************ ********, and **** **** *** "**'* ****, we're ******* **** **** * *** of *******, **'** *** ***** *** we **** *****'* ******* ******* *** do". * ***'* **** ** ****"**'** ********* *********** ********** [**** *****] because ***'** ******* *** ********", *** * ****** ***************'* **** ** **** "**'** ***** ever **** ******** **** ***** ***** because ** *** *** ******* ** in ****".
*** ****** ***** **** *******. **** a ****** *********** ***** **** *** share ** ******, ** ***** *********** to **** ***** **** **** ***** its ********* *****. ** ** * sort ** "****, **** ****** **** without **, ** ** ******** **** marks **** *** ******* **** ******".
*'* ******** **** ** ** ****** regulate ***** ******** ** ** *** covid ****** ********* ******* ******'* **** just ********** *** *****? ** ***'** a ******* **** ******** * ***** deal ** ***** ****** ******'* *** just *** * *** *** ** you ***'* *** *** ****** ***** in *** ******? ********** ******* ** an **** ****** ********?
** *** **** ** *********** **** the **** ** ********** ** **. However **** *** *** **** **** that *** **** ******* **** ********* with ***, *******, *** ********** ***** it's ******** *** ** *** ****.
* **** ****** **** * ******* of ******* ******** *** ** **** a ****** ** ********* ***** ** Mercury ********. ******* *** **** ********** and ****** ***** ****** *** ********** partners *** *******. ** **** **** large ******** *** *** ******* ** hardware ** ***** ** **** ** much **** *** ** **** ***** that ******** ***** **.
** **** ******* ******* ********** ***** 10 ***** *** *** **** **** using **** *****. **** *** **** another ******** **** * **** **** prospective. **** *** ** **** * few ***** **** ** *****. ** have ******** ************** ** *** *** we ******* ** ***** ******** ** various ************** **** ** ******** *** to **** ** ***** ** ***** us ** **** *******. ** **** ordered **** ** *** ******** ***** as **** ** **** **** ** these ******* *** ** *** **** time ***** ** **** ** **** time.
*** ********* *** ********* ******, *** there *** ****** ** *** ** readers **** *** **** *** *********. The ****** ******* *** ****** *** migration ** ***** ** ******* **** and *** **** **** *** ******* name ** ******* *** *********** ***'* provide * **** **** *** ***** multi-class ***** (***********) ** * ****** is ******.
* **** **** ******* ******** *** looking ** ***** ******* *** * hope **** ***** ****** ********** ******** can ******* *** ****** ** ** a ******** *** *********** ******. *** ever **** **** ******* ******* ******** to *** ** *** ****** *** time *** ***** **** ******* ************* their ******** *** *********** *** *** they **** ********* *** ***** ******** that *** ********* ** ******* *** this ***********.
**'** ******* ****** ***** ******* **** the *** ********** **** ***** ****** and ** ** ******* **** ** have **** * ******* ********* ** the *****. ****** **** *** ***** Mercury ******* ** ********* *** ***** and **-**** ******** ******** ** *****, we **** **** **** ** ********** substitute ******* ****** *********** *** ***** IC2 *********** ****** *** ******.
*******, ******** *** ******* * ****** about *** ******* ***** *********:
*******, **** *** *** **** ** all ***/******* ********. **** ******** **** 7.5% ** **%.
* ***** *** ** ***** ********* here. *** **** *****-***** ********* *** bad ****** *** ***** ******* *** really ******** ** ** ******** *** going ** ********* **** ** **** elsewhere.
*****'* *** * *** ** ********* options ***** ***, *** **'* *** easy ** ***** * ********** ** this *****, *** ** *** ****** resolve **** ** *** *** ** the ****, *****'* * **** *******.