Reinhard Ploss, CEO of German semiconductor manufacturer Infineon poses before the company's annual news conference in Neubiberg near Munich, Germany, November 12, 2018. REUTERS/Michael Dalder/Files
VILLACH, Austria (Reuters) - Infineon CEO Reinhard Ploss said on Friday that he expected silicon chip prices to rise significantly, adding that semiconductor makers needed to cover the cost of investments to meet booming demand.
"We expect significant price increases," Ploss told a news conference at an opening ceremony for Infineon's new power-chip plant in Villach, Austria.
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