This Taiwan Semiconductor Supplier Declares Pricing Hike Following Similar Moves by TSMC, Samsung and Others

This Taiwan Semiconductor Supplier Declares Pricing Hike Following Similar Moves by TSMC, Samsung and Others
A computer's motherboard. Elly Brian/Unsplash.com
|Updated:

Japanese chemicals supplier Showa Denko looks to further hike prices and cut back unprofitable product lines in response to the economic challenges confronting the semiconductor industry, Bloomberg reports.

The move comes despite a dozen hikes already this year, reflecting the lockdown-induced supply crisis, surging energy costs from the Ukraine war, and the weakening yen CFO Hideki Somemiya acknowledged in an interview.