Bloomberg: "Samsung Electronics Semiconductor Manufacturing Discussing 20% Price Increase"

Samsung Electronics "Cannot Confirm Due to Customer-Related Information"

[Image source=Yonhap News]

[Asia Economy Reporter Naju-seok] Bloomberg News reported on the 13th that Samsung Electronics is discussing a plan to raise semiconductor manufacturing prices by 20% this year with its clients.

Bloomberg News cited anonymous sources, stating that Samsung Electronics has finalized negotiations with some clients. The price increase was explained as a response to the global rise in logistics and raw material costs.

Bloomberg News reported that the increased prices will be applied from the second half of this year, with contract prices expected to rise by about 15-20% depending on the product.

Samsung Electronics responded to the report by stating, "We cannot confirm details related to clients."