Semiconductor shortages and price increases are the norms in 2021. BYD Semiconductor announced its price increase and it will be implemented on 1st July due to the chip out of stock.
Recently, BYD Semiconductor issued a price increase notification letter to customers, stating that the company has decided to adjust the price of IPM and IGBT single-tube products from July 1, 2021, with an increase of not less than 5%, and orders are in transit and unpaid from today. According to the new price.
BYD Semiconductor said that due to market changes, upstream capacity constraints, and supplier price hikes, the cost of our products continues to rise, and the original price cannot meet the supply-demand. In order to ensure the continuous supply of products, the company decided to increase the above-mentioned products after consideration at its discretion.
BYD Semiconductor is a new semiconductor supplier, mainly engaged in the R&D, production, and sales of power semiconductors, smart control ICs, smart sensors, and optoelectronic semiconductors, covering the sensing, processing, and control of electrical, optical, and magnetic signals. BYD Semiconductor will focus on automotive-grade semiconductors in the future, and will simultaneously promote the development of semiconductors in the fields of industry, home appliances, new energy, and consumer electronics.
In the automotive field, BYD Semiconductor has taken the lead in manufacturing and mass-produced automotive-grade semiconductor products such as IGBT, SiC MOSFET, IPM, MCU, CMOS image sensor, electromagnetic and pressure sensor, LED light source, automotive LED display, etc.; in industry, consumer electronics and home appliances In the field, BYD Semiconductor has successfully mass-produced IGBT, IPM, MCU, CMOS image sensor, embedded fingerprint recognition, current sensor, battery protection IC, AC-DC IC, LED light source, LED lighting, LED display and other products.
In the context of rising prices of upstream raw materials, tight wafer and packaging and testing capacity and short supply, power including Infineon, ON Semiconductor, DIODES, NXP, Silan Micro, China Resources Micro, Xinjie Energy, and Fuman Electronics Semiconductor companies have raised the prices of their products one after another.
Almost all chip products are facing varying degrees of delivery time extensions, including power semiconductor manufacturers such as Infineon, ON Semiconductor, Microsemi, Rohm, and Anshi, and their IGBTs, diodes, transistors, low-voltage MOSFETs, and rectifiers. The lead time of many other products has reached 16 to 52 weeks, and the normal lead time of these power semiconductors is basically around 8 weeks.
In addition to BYD Semiconductor, a number of major foundries in the Taiwan region raised chip foundry prices again in the third quarter, with a maximum increase of 30%, far higher than the market’s previous expectation of 15%; power semiconductor supplier INFINAIR Ling, STMicroelectronics, ON Semiconductor, etc. have also issued price increase notices. Infineon expects to increase prices in mid-June, with an increase of 12%; STMicroelectronics will increase prices on June 1; ON Semiconductor's part Product prices will be raised from July 10 this year.