Price hikes on chips made on mature production lines may hit again after April 1 increases went into effect, media report, with China’s Nexchip said to have notified clients of a planned June 1 hike, and talk that Taiwan giant UMC and rival Vanguard (VIS) may follow suit. Chip makers are facing higher costs across the supply chain, and have raised prices to keep up. The report notes foreign institutional investors sold UMC shares for 6-days straight due to weak consumer electronics demand, which is expected to hurt chips. $United Microelectronics(UMC.US) #VIS #Nexchip #semiconductors
Source: Dan Nystedt
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