China's leading chipmaker SMIC implemented price increases in Q1 following customer negotiations and plans further hikes for wafers processed in Q3, according to co-CEO Zhao Haijun.
SMIC, the country's top foundry, confirmed the pricing strategy during a company briefing Friday. The initial Q1 increases followed direct negotiations with customers, while the company has already signaled additional charges will apply to Q3 wafer production.
The moves come as AI-related demand continues to drive foundry capacity constraints globally. SMIC joins other chipmakers in adjusting pricing to reflect sustained demand for advanced semiconductor manufacturing.
The tiered pricing approach allows SMIC to capture margin expansion while maintaining customer relationships through a structured negotiation process rather than blanket increases. The strategy reflects confidence in continued strong demand through the second half of the year.
SMIC operates as the primary advanced chipmaker for Chinese semiconductor companies and serves as a critical alternative supplier for global clients seeking to diversify away from Taiwan Semiconductor Manufacturing Company.
Quincy, Washington's poverty rate plummeted from 29.4% to 6.2% between 2012 and 2024, driven by a data center boom that transformed the farming community of 8,500 residents.
Energy traders are deploying drones to collect weather data that improves forecasting accuracy. Better predictions translate directly into trading advantages and profit opportunities.
Federal regulators are investigating "mention markets" on prediction platforms, leading Kalshi to remove bets on specific word choices from sports offerings. The CFTC probe targets a growing category of derivative contracts.
Hewlett Packard Enterprise secured judicial approval for its settlement with the US Department of Justice regarding its acquisition of networking company Juniper Networks. The ruling rejected a challenge from Democratic state attorneys general.