Samsung in talks to hike chipmaking prices by up to 20%

Samsung Electronics is in talks with purchasers about mountain climbing costs for chip contract manufacturing by as much as 20% this yr, Bloomberg reported on Friday.

The transfer is a part of an industry-wide push to boost costs to cowl rising supplies and logistics prices, Bloomberg mentioned, citing individuals accustomed to the matter.

Samsung invests $920 mln in Vietnam plant expansion

Samsung didn’t have a direct remark.

Samsung Electronics is the world’s second-largest chip contract producer, after Taiwan Semiconductor Manufacturing Co (TSMC).

TSMC has forecast an as much as 37% soar in current-quarter gross sales, saying it expects chip capability to stay very tight this yr amid a world chip crunch that has stored order books full and allowed chipmakers to cost premium costs.

Samsung mentioned in an earnings name in late April that main prospects’ demand for its chip contract manufacturing was better than its accessible capability, and it anticipated the provision scarcity to proceed.

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