Philips Hue says US prices will go up in July because of tariffs

Date:

Share:


When Philips Hue’s US prices go up next month, you can officially know who to blame. (Hint: It rhymes with “rump.”) Parent company Signify told Hueblog (via The Verge) that its price increases are “a direct result of tariffs.” See how easy that was, Amazon?

Before that confirmation, the company vaguely referred to an upcoming price increase. “Hurry, prices go up on July 1,” marketing copy from earlier this month stated.

Signify’s statement to Hueblog doesn’t mince words about Trump’s trade war being the culprit. “Signify will increase prices on our Philips Hue portfolio in the US, effective July 1, 2025, as a direct result of tariffs,” it wrote. “We remain committed to providing consumers with high-quality products and features that make smart lighting extraordinary. Signify reserves the right to modify prices based on new or additional tariffs becoming effective in the future.”

We don’t yet know the exact price increases. The company says it will reveal them when they take effect on July 1. But there are some hints. The newly upgraded Hue smart button costs $32 compared to the old model’s $25. If you think that’s because it’s a new version, the product stayed at the same €21.99 as its predecessor in Europe. Up to this point, the company’s US pricing had been around a 1:1 conversion.



Source link

━ more like this

Top reasons to try Mediterranean food Houston foodies recommend – London Business News | Londonlovesbusiness.com

Houston food people don’t follow trends. They follow good food. And right now the conversation keeps coming back to the best Mediterranean food...

Why London businesses are building their own software instead of buying it – London Business News | Londonlovesbusiness.com

Something has shifted in how London’s small and mid-sized businesses think about software. For years, the default was to sign up for whatever...

Microsoft starts removing unnecessary Copilot buttons in Windows 11

Microsoft has rolled out a Notepad update for Windows Insiders that removes the Copilot branding and icon from within the app, Windows Central...

YouTube Premium just got more expensive, and nobody got a heads up

We just reported on YouTube showing 90-second unskippable ads to non-YouTube premium members, and while YouTube denies even testing such long ad formats,...

What Ukraine really means when land is reduced to a bargaining chip – London Business News | Londonlovesbusiness.com

There’s a phrase that gets thrown around far too casually lately, that Ukraine and Russia are “haggling over a few square kilometers.” So...
spot_img