Lenovo's decision has raised it PC product prices and most motherboard and graphics card vendors in China have followed.

The price rises are between three to five per cent to reflect the rising costs resulting from the depreciation of the country's currency.

They need this like a hole in the head. Demand for motherboards and graphics cards in China has been weak since early 2015 and the price increases will make matters worse.

But with margins small, the Chinese vendors would have had their profits completely cancelled out by the exchange losses.

Intel has also raised the prices of its two high-end Skylake processors released in early August, and Skylake processors, which are scheduled to launch in September 2, will also see price increases from the pricing ranges previously quoted, AMD is also following suit.

Asustek and Gigabyte have raised their motherboard prices and the price of the latest Z170-based model. H170 and B150, which are set to launch along with the new Skylake processors in September 2, will also see higher-than-expected prices.