Inovance Technology: Price Transmission in Industrial Automation Proceeds Smoothly, Q1 Deliveries Accelerate to Catch Up Due to Capacity Constraints
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Author:小编   

Recently, during a research institution interview, Inovance Technology stated that there have been significant supply-side changes in the industrial automation industry this year, with rising raw material prices and tight delivery schedules leading to adjustments in the industrial chain prices. The company has adjusted its prices in response to the increase in raw material costs, and the price transmission has proceeded relatively smoothly. The company secured a good number of orders in the first quarter, but deliveries fell short of expectations due to insufficient capacity preparations. Currently, efforts are being accelerated in the second quarter to catch up.