Lenovo set to hike prices as currency moves raise costs

Component imports from South Korea, US and Japan may become expensive

The yuan's depreciation is forcing local electronics makers to lift their product prices to offset the rising costs of imported components, according to a report on the technology website Digitimes, citing upstream suppliers.

Lenovo Group Ltd, the world's biggest personal computer maker, could even raise the prices of some products sold in China later this month, said Digitimes. Acer Corp and Asustek Computer Inc too are likely to lift their prices early September.