April 22, 2021
Dear Valued Customer,
I hope that this letter finds you well during these challenging times.
The global components industry is undergoing a complicated situation brought by the worldwide shortage. This situation is reasonably compounded by material impacts on the economy and trade, together with the uncertainty of relationships between different countries, especially as well as the COVID-19 pandemic. Therefore, our supply chain is subject to costs increasing and prolonging of lead times of materials, equipment, and services that are essentially required for us to serve market demand.
As a result of this challenging situation, we’re forced to take the following steps:
1, Price of GPS Speed Limiter will increase by US$5 each.
2, Price of G17 series will increase by US$1 each.
3, Price of other GPS trackers will increase by US$1.5 each.
Both new and existing orders which have not been paid off will be processed at the new price. Your salesman will share the details with you, including any changed to order terms, and answer any questions that you may have.
Thank you for your understanding and cooperation. We appreciate the opportunity to serve you and will continue working tirelessly to provide you with our products to support your innovation and business growth.
Shenzhen Thingsys Co., Ltd