Samsung negotiates chip price increase of up to 20%

Samsung negotiates chip price increase of up to 20%

Samsung Electronics is in negotiations with clients about raising semiconductor contract manufacturing fees by up to 20% this year.

Samsung negotiates chip price increase of up to 20%

After Taiwan Semiconductor Manufacturing Co., Samsung Electronics is the world’s second-largest chip contract maker (TSMC). TSMC forecasts a 37 percent increase in current-quarter sales, citing a global chip shortage that has kept order books full and allowed chipmakers to charge premium rates.

the effort is part of an industry-wide campaign to raise pricing to compensate growing materials and logistics expenses. Samsung did not respond immediately.

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.

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