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


FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea, March 23, 2018. REUTERS/Kim Hong-Ji

SEOUL (Reuters) - Samsung Electronics is in talks with clients about hiking prices for chip contract manufacturing by up to 20% this year, Bloomberg reported on Friday.

The move, 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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

What to do if your personal info has been exposed in a data breach
AI-generated child pornography is circulating. This US prosecutor wants to make it illegal.
Study links excessive Internet use to teen school absence risk
Apple plans to invest more than $250 million to expand Singapore campus
TSMC Q1 profit rises 9%, beats market expectations
EU watchdog: Meta shouldn’t force users to pay for data protection
Nokia sees stronger H2 after Q1 comparable profit grows less than expected
US student hospitalised after trying dangerous TikTok ‘blackout challenge’
Layoff whiplash scars workers who find new jobs only to lose them
European Union questions TikTok on new app that pays users for watching

Others Also Read