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Bonso Electronics Reports Labor Cost Increase for Calendar Year 2013

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HONG KONG, Mar 13, 2013 (GLOBE NEWSWIRE) — Bonso Electronics International, Inc, (Nasdaq:BNSO) currently reports labor cost boost for calendar year 2013.

In suitability with a latest regulations from a government, a simple income of approach labor will boost by 18.8% starting from May 1, 2013. The association has motionless to adopt this income boost from Mar 1, 2013 to keep a competitiveness, as many of a circuitously factories have already followed this change given Mar 1, 2013. The change will boost not usually a approach labor cost though also a element cost from a suppliers. The association will continue to labour a prolongation routine and product pattern to cope with a cost increase.

About Bonso Electronics

Bonso Electronics designs, develops, manufactures, assembles and markets a extensive line of electronic scales, weighing instruments, and health caring products. Bonso products are done in a People’s Republic of China for business essentially located in North America and Europe. Company services embody product pattern and prototyping, prolongation tooling, buying of components, sum peculiarity management, and just-in-time delivery. Bonso also exclusively designs and develops electronic products for private tag markets. For serve information, revisit a company’s web site during http://www.bonso.com.

This news recover includes brazen looking statements within a definition of Section 27A of a Securities Act of 1933, as amended, and Section 21E of a Securities and Exchange Act of 1934, as amended. Forward looking statements might be identified by such difference or phrases as “should,” “intends,” “is theme to,” “expects,” “will,” “continue,” “anticipate,” “estimated,” “projected,” “may,” “I or we believe,” “future prospects,” or identical expressions. Forward-looking statements done in this press release, that describe to a direct for a products, among other things, engage famous and different risks and uncertainties that might means a tangible formula to differ materially from those approaching and settled in this announcement. We commence no requirement to refurbish “forward-looking” statements.

For some-more information greatfully contact:

Albert So
Chief Financial Officer
Tel: 852 2605 5822
Fax: 852 2691 1724

Article source: http://www.globenewswire.com/news-release/2013/03/14/530476/10025038/en/Bonso-Electronics-Reports-Labor-Cost-Increase-for-Calendar-Year-2013.html


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