Five Chinese Power Semiconductor Manufacturers Announce Significant Price Increases

In recent developments, five Chinese power semiconductor manufacturers have announced significant price increases for their products. These companies, including JJMicroelectronics and Shenwei Semiconductor, have cited various reasons for the price hikes, such as increased costs for raw materials and labor, as well as the need to sustain high-quality product delivery and services. These adjustments, which range from 5% to 25%, reflect the challenges the industry has faced over the past few years, including intense competition and a decline in product prices. This move is seen as a necessary step for these companies to manage prolonged losses and maintain stable supply chains. This situation suggests a potential shift in the power semiconductor industry, raising questions about future market dynamics and the impact on global supply chains​​.