Samsung is in talks to raise chip manufacturing prices by up to 20%

According to Bloomberg, Samsung Electronics (005930. KS) is in talks with clients about raising semiconductor contract manufacturing prices by up to 20% this year.

Bloomberg said that the change, which is anticipated to take effect in the second half of this year, is part of an industry-wide campaign to hike pricing to meet growing materials and logistics expenses.

According to Bloomberg, contract-based chip costs are expected to rise by 15% to 20%, depending on the amount of sophistication, with chips made on older nodes likely to see higher increases, with Samsung having finished agreements with certain clients while continuing in talks with others.