Chinese Chip Makers to Increase Price

Chinese Chip Makers to Increase Price

Apex and Chipjet made announcements, saying they will increase the price for HP CF217/CF500 compatible chips, effective March 22.

Both companies claimed that the new adjustment is only applicable to orders after March 22 or any undelivered orders by that time. In addition, both companies said they will keep an eye on the market, and adjust chip prices again in accordance with the changes in raw material prices.

Neither Apex nor Chipjet disclosed how much they will increase the price.

Due to the supply shortage of chip raw materials such as wafers, capacitors, resistors, PCBs, etc., the price of raw material has been increased significantly as a result. Accordingly, chip production prices spike. Senior vice president of research and development of TSMC predict that it will take 2-3 years to solve the problem when more new wafer factories are ready for production.

Previously, Canon and Ricoh made announcements to increase prices for printers and consumables in China.

Greatly affected by the reduced raw material production as well as ever-increasing raw material costs, the OEMs claim that they have to take this measure to ensure stable supply to the market.

Related:

• OEMs Claim to Increase Prices
• Price Increases Prevail on Finished Products
• Will the Chip Shortage be Alleviated?
• IDC: Printer Supply Shortage will Last the Whole Year

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