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

June 24, 2025
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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.

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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.

This article originally appeared on Engadget at https://www.engadget.com/home/smart-home/philips-hue-says-us-prices-will-go-up-in-july-because-of-tariffs-183434777.html?src=rss

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Disclaimer: Information found on cryptoreportclub.com is those of writers quoted. It does not represent the opinions of cryptoreportclub.com on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
cryptoreportclub.com covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023-2025 Cryptoreportclub. All Rights Reserved