Network security firm Palo Alto Networks is planning to increase the price of its hardware products by a 5%, citing impact from recent tariffs for imported components.
The Santa Clara, California-based cybersecurity company offers both network firewalls and cloud-based security solutions to help protect enterprise environments.
The manufacturer relies on a global supply chain for its operations, but continues to manufacture its hardware products in the United States. However, with some of the imported components impacted by recent tariffs, the company will increase prices on hardware starting November 1, 2019.
