Tech

Samsung Reportedly to Raise Chip Prices By 20%

2 days ago   |   By Hypebeast

The global chip shortage continues to plague much of the tech industry, and now Samsung is reportedly raising the prices of its microchips for foundry clients by up to 20%. According to a new report from Bloomberg , the South Korean tech giant is now in talks with various clients over price increases for chip-manufacturing contracts, potentially raising prices by 15-20% to reflect the increasing costs of production. The report also cites global instability as one of the reasons, highlighting the war in Ukraine, the COVID-19 lockdown in China, and rising interest rates and inflation across...
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