Fuso goes into debt rather than raising prices

Highly geared: The entrance to TSMC’s factory in Taiwan. The giant semiconductor manufacturer is one of Fuso’s customers, yet the Japanese supplier is sinking deeper into debt because it’s refusing to raise prices to cover mounting costs. — Reuters

OSAKA: One of the chipmaking industry’s small but indispensable suppliers is sinking deeper in debt because it’s refusing to raise prices to cover mounting capital expenditure (capex) costs.

Osaka-based Fuso Chemical Co is bearing the cost to help churn out bigger volumes of sophisticated chips without asking customers for more.