Samsung Said to Hike Chip Manufacturing Prices by Up to 20 Percent

[Pelican Press 0]

This is the hidden content, please

• Sign In
• or
• Sign Up

Samsung Said to Hike Chip Manufacturing Prices by Up to 20 Percent

Samsung Electronics is in talks with clients about hiking prices for chip contract manufacturing by up to 20 percent this year, Bloomberg reported on Friday.

This is the hidden content, please

• Sign In
• or
• Sign Up

, expected to be applied from the second half of this year, is part of an industry-wide push to raise prices to cover rising materials and logistics costs, Bloomberg said, citing people familiar with the matter.

Contract-based chip prices are likely to rise around 15 percent to 20 percent, depending upon the level of sophistication, with chips produced on legacy nodes likely to face ******* hikes, Bloomberg said, adding Samsung had completed negotiations with some clients while still in discussions with others.

Samsung Electronics declined to comment.

The company is the world’s second-largest chip contract manufacturer, after Taiwan Semiconductor Manufacturing Co (TSMC).

TSMC has forecast an up to 37 percent jump in current-quarter sales, saying it expects chip capacity to remain very tight this year amid a global chip crunch that has kept order books full and allowed chipmakers to charge premium prices.

Samsung said in an earnings call in late April that major customers’ demand for its chip contract manufacturing was greater than its available capacity, and it expected the supply shortage to continue.

© Thomson Reuters 2022

---

Affiliate links may be automatically generated – see our ethics statement for details.

This is the hidden content, please

• Sign In
• or
• Sign Up

samsung hike price 20 percent chip contract manufacturing samsung,samsung electronics
#Samsung #Hike #Chip #Manufacturing #Prices #Percent

This is the hidden content, please

• Sign In
• or
• Sign Up

This is the hidden content, please

• Sign In
• or
• Sign Up