According to several news reports this morning, Taiwan Semiconductor Manufacturing Company (Taiwan Semiconductor Manufacturing Company Limited) is raising prices as much as 20% on their products, a move that could result in higher prices for consumer electronics. TSMC is reported to be the largest contract chip maker in the world. Prices of its most advanced chips will increase roughly 10%, while less advanced chips used by customers like auto makers will cost about 20% more, according to sources. The higher prices will generally take effect late this year or next year.
Apple is one of TSMC's largest customers. AMD and Qualcomm are also TSMC customers.
Reportedly, TSMC is trying to push down demand for its products and provide funding for an estimated $100 billion investment in new foundries and equipment.
TSMC isn't the only chip manufacturer raising prices. GlobalFoundries, Powerchip Semiconductor, Semiconductor Manufacturing International, and United Microelectronics have all increased their prices recently.
Apple is one of TSMC's largest customers. AMD and Qualcomm are also TSMC customers.
Reportedly, TSMC is trying to push down demand for its products and provide funding for an estimated $100 billion investment in new foundries and equipment.
TSMC isn't the only chip manufacturer raising prices. GlobalFoundries, Powerchip Semiconductor, Semiconductor Manufacturing International, and United Microelectronics have all increased their prices recently.