Recently, the trend of price increases has gradually spread throughout the chip industry chain, starting from upstream PCBs and wafer fabs, moving on to memory, passive components, and power devices.

Leading copper-clad laminate manufacturers like kingboard and Nanya raised prices due to increased raw material costs from upstream suppliers. TSMC adjusted prices for advanced processes for the fourth consecutive year. On the storage side, Samsung, SK Hynix, Micron, SanDisk, along with domestic players like PUYA and GigaDevice, collectively increased quotations amid AI demand, HBM capacity displacement, and proactive production cuts. Yageo/Kemet, FH, Panasonic, and TAI-TECH followed the surge in silver prices to push up inductor and capacitor prices, while the Nexperia incident drove up power device and substitute manufacturer prices in the spot market

Upstream PCB: Price increases driven by rising raw material costs:

According to a report by Caixin, the shortage and price increase caused by the AI demand storm have spread to the upstream of the printed circuit board (PCB) industry chain. High end raw materials such as CCL (copper-clad laminate), electronic copper foil, and electronic cloth have caused a wave of supply shortage, further supporting the increase in product prices.  

Sullivan's Executive Director for Greater China, Xie Shuqin, stated that "the current accelerated penetration of applications such as AI servers, high-speed communication, and automotive electronics is driving rapid growth in demand for high heat resistant and high reliability materials; On the other hand, the resin system, fiberglass cloth, and copper foil used in advanced CCL are complex to match, resulting in slow yield improvement for new entrants and long customer certification cycles, leading to slow release of effective production capacity. The limited production capacity of upstream ultra-thin copper foil and high-end fiberglass cloth has formed a temporary shortage pattern. "  

Kingboard: price increase of 5% to 10% for all series of products:

On December 1st, copper-clad laminate giant Kingboard issued a price increase notice, stating that due to the sharp increase in raw material cost pressure, it will raise the prices of its entire series of copper-clad laminates from today onwards, with an increase range of 5% to 10%.  

This price adjustment covers all thicknesses of copper-clad laminate products under the company. The specific adjustment plan is: CEM-1, 22F, V0, HB series: price increase of 5%; FR-4 series: price increase of 10%; PP (semi cured sheet) series: price increase of 10%.

Nanya: The entire range of CCL and PP has increased in price by 8%.

In November, the Electronic Materials Division of Nanya issued a notice on the reflection cost of copper foil substrates (CCL) in November 2025, stating that due to the collective increase in international LME copper prices, copper foil processing fees, electronic grade glass cloth and other upstream raw materials, in order to ensure long-term stable supply, it has been decided to uniformly increase the price of CCL products and PP (semi cured sheets) by 8% from November 20th (based on the delivery date).

Wafer fabs: situation differentiation

In October, TrendForce's consulting survey showed that the utilization rate of wafer foundry capacity in the second half of 2025 was better than expected. Due to factors such as low inventory levels in IC factories, entering the peak sales season for smartphones, and sustained strong demand for AI, some wafer fabs performed even better in the fourth quarter than in the third quarter, which has triggered sporadic industry players to consider raising prices on scarce process platforms such as BCD and Power.  
TSMC has issued a price increase notice to customers, including Apple, stating that the price for processes below 5nm will increase for the fourth consecutive year starting from 2026. In contrast, SMIC is concerned that rising storage prices may squeeze overall machine profits, and terminal manufacturers may force other chips to lower prices, thereby triggering a price war for mature manufacturing processes.

TSMC: Price increases for four consecutive years

On November 2nd, according to the market supply chain, TSMC has rarely informed all customers that it will continuously raise prices for four advanced technologies, 5nm, 4nm, 3nm, and 2nm, for four years. TSMC has no comment on this matter. The news indicates that this price increase was announced in September 2025 and is expected to take effect from 2026, with a four-year consecutive increase. The increase is calculated using compound interest method, which means continuously accumulating on the basis of the original price. Although the specific increase is a trade secret, it is rumored to have a double-digit magnitude.  
On November 11th, according to reports, industry sources revealed that TSMC has notified major customers, including Apple, that it will adjust the wafer foundry prices for processes below 5nm starting from 2026, with an expected increase of 8% to 10%. The price increase of 2nm is expected to reach about 50%, and the price of a single 2nm wafer will be as high as $30000.

SMIC: Storage price increase may lead to price war among contract manufacturers

On November 14th, Dr. Zhao Haijun, the joint CEO of SMIC, stated at a performance briefing that the negative impact of the storage super cycle is mainly concentrated on the terminal side such as automobiles and mobile phones, but the foundry industry will also be affected.  
People dare not place a large number of orders or arrange a large number of shipments in the first quarter of next year. The core is that they are uncertain whether they can obtain enough storage chips to support the production of products such as mobile phones and cars in the coming year
On the other hand, the price of storage chips is rising, but the price of terminal products (such as mobile phones) is not expected to rise synchronously. In order to balance the cost pressure brought by storage chips, terminal manufacturers may require other (non storage) chips to lower prices, which may lead to price wars among contract manufacturers.

Storage: Original factory price increase, module price increase, both domestic and foreign prices increase

The storage shortage triggered by AI demand has led to a surge in prices for DRAM and NAND across the board. TrendForce analyst Xu Jiayuan pointed out that HBM consumes three times the wafer production capacity of standard DRAM. With limited total production capacity, DRAM and NAND supplies from manufacturers such as Samsung, SK Hynix, and Micron are significantly squeezed. Combined with the production reduction plan implemented by the original factory since 2025, inventory depletion has significantly accelerated, the gap continues to widen, and product price increases have spread from HBM to the entire memory market.  
At the same time, according to industry insiders, storage manufacturers are now controlling shipments and continuing to raise prices, making it difficult for module manufacturers to obtain wafers. As a result, module manufacturers will be even more reluctant to sell their existing inventory, and the price increase of finished products in the fourth quarter will depend on the increase in new wafer quotations. Storage module factories in Taiwan, China, China have suspended quotation for the first time in eight years, and module factories in the mainland are also generally optimistic about price rise.

Samsung: DDR chip prices skyrocket

At the end of September, it was reported that Samsung had recently notified its core customers that the prices of DRAM and NAND Flash would increase synchronously in the fourth quarter. It is rumored that the contract prices of LPDDR4X and LPDDR5/5X in DRAM will increase by 15% to 30%, and NAND products including eMMC and UFS will also increase by 5% to 10%.  
In early November, citing supply chain sources, Samsung Electronics was the first to suspend the October DDR5 DRAM contract quotation, prompting other storage OEMs such as SK Hynix and Micron to follow suit. The resumption of quotation is expected to be postponed until mid November.  
In mid November, according to sources cited by the media, Samsung Electronics raised server chip prices by 30% to 60% this month, higher than the level in September. The contract price for Samsung's 32GB DDR5 memory chip module jumped from $149 in September to $239 in November. The prices of 16GB DDR5 and 128GB DDR5 chips will be increased by about 50% to $135 and $1194 respectively. The price increase of 64GB DDR5 and 96GB DDR5 exceeds 30%. Another source familiar with Samsung's situation confirmed these price increases.

SK Hynix: Follow up and suspend quotation

In early November, there were supply chain reports that SK Hynix followed Samsung's actions and also suspended the October DDR5 DRAM contract quotation.  
On November 5th, SK Hynix announced that it has completed price and quantity negotiations with Nvidia for the supply of HBM4 next year. According to reports, the supply price of HBM4 will be more than 50% higher than that of HBM3E. The unit price of HBM4 supplied by SK Hynix to Nvidia has been confirmed to be approximately $560 (approximately 800000 Korean won). Previously, the industry expected the unit price of SK Hynix's HBM4 to be around $500, but the actual delivery price exceeded expectations by more than 10%, which is more than 50% higher than the current supply price of HBM3E (approximately $370).

Micron: Storage products up 20% -30%

On September 12th, according to media reports, following last week's announcement by SanDisk to raise storage product prices by more than 10%, Micron notified channels that storage products will soon increase by 20% -30%. Starting from September 12th, all storage products such as DDR4, DDR5, LPDDR4, LPDDR5, etc. will cease to be quoted, and all agreed customer prices will be cancelled and quotations will be suspended. It is expected that all products will cease to be quoted for one week. It is reported that this time it involves not only consumer and industrial storage products, but also automotive electronic products are expected to rise by 70%.  
In early November, there were supply chain reports that Micron also followed Samsung's action and suspended the October DDR5 DRAM contract quotation.

SanDisk: NAND contract price increases by 50%

On September 14th, media reported that NAND flash memory manufacturer SanDisk announced last week that it would implement a 10% general price increase for all channel channels and consumer products, following a 10% price increase across the entire range in April. The company stated that against the backdrop of growing storage demand in AI applications, data centers, clients, and mobile fields, there is strong demand for NAND flash memory products. In the future, the company will continue to conduct regular price evaluations and may make further adjustments in the coming quarters.  
On November 10th, according to DigiTimes Asia, SanDisk has significantly increased its November NAND flash contract price by 50%. This move highlights the rapid tightening of the storage market supply, which is both due to the continued growth in demand for artificial intelligence (AI) data centers and the high tightness of wafer supply.

Puya: Some product prices have already increased compared to the third quarter

On November 6th, Puya Holdings stated that the price increase of NOR Flash in this round is mainly driven by the two-way supply and demand relationship. On the demand side, with the continuous rise of various AI terminals, AI functions have increased the average capacity and quantity of NOR Flash to a certain extent; In addition, with the continuous improvement of downstream inventory and the easing of the traditional peak season in the second half of the year, overall demand continues to improve.  
On the supply side, as the semiconductor cycle rises, NOR Flash production capacity is squeezed to a certain extent, tightening supply. At the same time, wafer foundries will also raise prices to downstream design factories to ensure profitability. Overall, the trend of supply and demand is tense, and the company will continue to transmit upstream price increases, leading this round of price increases.  
Puya Holdings also stated that the company is currently in negotiations with downstream customers regarding the price changes of NOR Flash storage chips in the fourth quarter. Some product prices have improved compared to the third quarter, and there are signs of marginal recovery in overall industry demand.

 GigaDevice: Prices are expected to further rise in the fourth quarter

On November 24th, company executives stated at the third quarter performance briefing that the niche DRAM market is showing a clear supply-demand imbalance, and it is preliminarily expected that the price increase trend will continue in the next two quarters and maintain a relatively high price level in the following quarters of next year.  GigaDevice expects the niche DRAM market to remain in a tight supply environment for the next two years, with prices expected to further rise in the fourth quarter and maintain relatively good levels next year.

Macronix: rumored to increase prices by 30% in the first quarter of next year

On November 11th, Taiwanese media reported that Macronix seized the big business opportunity of AI driven memory upgrade, and as the high bandwidth memory (HBM) specifications carried by AI servers moved from HBM3E to higher specification HBM4, the main supplier Macronix raised its first quarter quotation by 30%.  
Macronix does not respond to market rumors. The chairman of Macronix emphasized that AI has indeed driven the memory market upwards, and Macronix has recently felt the demand and price increase, especially NOR Flash, which is also widely used in servers and data centers. In addition to the current mainstream product 512Mb, there is a high capacity demand of 1Gb to 2Gb.

Twsc: Prices are expected to continue rising in the fourth quarter

Recently, during an institutional survey, TWSC stated that the rapid evolution and widespread application of AI technology have led to an explosive growth in data storage demand, injecting long-term development momentum into the storage industry. It is expected that storage prices will continue to rise in the fourth quarter.

BIWIN Storage: The prosperity will continue

BIWIN Storage recently stated during institutional research that storage prices continue to rise, coupled with the traditional peak season stocking momentum and strong demand for emerging applications such as AI glasses. From the current point of view, the prosperity will continue.

Longsys: Demand far exceeds expectations

On November 12th,Longsys stated on the interactive platform that as a leading comprehensive semiconductor brand storage enterprise in China, the company's various business indicators are consistent with industry development trends. Based on comprehensive third-party information, cloud service providers have been adding orders for high-capacity QLC SSDs, resulting in customer demand far exceeding the original supply expectations of storage manufacturers. Currently, major storage manufacturers are still maintaining an upward trend in their quotations.

Storage module factory in Taiwan, China, China: suspend quotation for the first time in eight years

On October 7, the Taiwan media reported that Weigang, the world's second largest memory module factory, and Shiquan, the second brother of Taiwan, China's memory module factory, had unexpectedly suspended their quotations, meaning that "the market is hotter than expected, and the price trend will be higher". This is the first time since 2017 that manufacturers in the memory module industry have suspended their quotations.  
Weigang Chairman Chen Libai confirmed that the company's suspension of quotation measures will continue until mid October, mainly due to the serious shortage of DRAM supply, so inventory control and adjustment of distribution methods are necessary. Shi Quan stated that the reason for stopping the quotation is due to the peak season of consumer electronics in Europe and America, coupled with limited original factory supply and rapid inventory turnover, which requires flexible sales.  
Another storage module factory in Taiwan, China, China, created an idea and suspended quotation and delivery on November 7. It is expected that "the market environment will continue to improve".

Passive component manufacturer: inductors MLCC\ Tantalum capacitors are going to rise!

Several passive component manufacturers have recently joined the price increase trend. According to the published price increase letter, it can be mainly divided into two categories.  
One type is based on the cost pressure caused by the increase in raw material prices, such as the price increase of silver metal and other metal materials such as tin, copper, bismuth, cobalt, etc.  
Another type is the surge in AI demand coupled with rising raw material prices, which drives up related products such as tantalum capacitors.

YAGEO/KEMET: Second price increase this year

In October, KEMET issued a notice of price increase for tantalum capacitors to customers, mainly due to the significant increase in demand for the polymer tantalum capacitor product line (KO-CAP) in multiple key market areas over the past three years, as well as the pressure of rising labor, material, and equipment costs. Therefore, price adjustments will be implemented for large-sized products. Starting from November 1st, for the T520, T521, T530 series, applicable to shell sizes D, V, X, Y, with a voltage range of 2.5V to 25V and other related series of polymer tantalum capacitors, price adjustments will be implemented. The supply chain revealed that the price increase this time is as high as 20-30%.  
In April of this year, KEMET also issued a price increase letter stating that the demand for polymer tantalum capacitor product lines (KO-CAP) has increased significantly in multiple key market areas over the past three years. Due to the pressure of rising labor, material, and equipment costs, it is difficult to maintain profitability for old model products (especially B size). Therefore, some specifications of the polymer tantalum capacitor product line will be increased in price, which will take effect on June 1st. At that time, the supply chain revealed a double-digit percentage increase.

Fenghua High tech: Some products such as inductors, magnetic beads, and varistors have increased in price

On November 24th, some media reported that Fenghua High tech issued a price increase letter to the outside world. The company stated that due to the current rise in the price of silver metal, which has risen by about 50% since the beginning of the year, the prices of other metal materials such as tin, copper, bismuth, cobalt, etc. have also risen comprehensively. Due to cost pressure, the prices of some products have been adjusted upwards, such as inductor magnetic bead products, varistor products, silver electrode products, ceramic capacitor products, and thick film circuit products.  
On November 26th, during a visit to the institution, Fenghua High Tech stated that the company has recently made price adjustments to some products such as inductors, magnetic beads, and varistors, taking into account the current situation of continuous increase in raw material prices.

Panasonic: Some tantalum capacitor models increase by 15-30%

On November 28th, according to Taiwanese media reports, Japanese factories have also joined the ranks of tantalum capacitor price increases. Panasonic has issued price increase notices to distributors and customers, and some tantalum capacitor models have been raised by 15-30%. These adjustments cover 30-40 types of tantalum polymer capacitor models and will take effect on February 1, 2026, aimed at offsetting the pressure of rising material, process, and production equipment costs.  
The agent further stated that due to the long-term low and almost unprofitable prices of some products in the past, this adjustment will promote the overall product portfolio to return to a reasonable range, which is a positive signal under the improvement of physical fitness.  
In April of this year, it was reported that Panasonic's polymer tantalum capacitors had increased in price due to increased raw material and production costs, with some part numbers experiencing a 25% increase.

Kyocera: Price increase twice this year

According to market news, Kyocera AVX ordinary tantalum capacitors announced price increases in June and September this year, both due to an increase in the cost of raw material tantalum.  
In terms of delivery time, according to the market report of Fuchang 2025Q4, there are signs of extended delivery time for polymer tantalum capacitors from multiple original factories such as AVX, Vishay, and Panasonic, which are affected by AI applications. A distributor added that the regular delivery time for AVX's tantalum capacitors is 16 weeks, while the delivery time for regular tantalum capacitors is currently between 16-20 weeks, which is slightly longer than the regular delivery time.

TAI-TECH: Multilayer chip inductors and magnetic beads increase by more than 15%
On November 13, Zeng Zhiming, spokesman of Taiwan, China based passive component manufacturer TAI-TECH, confirmed that this year, impacted by the sharp rise in silver prices, the stacked chip magnetic beads and inductors have been out of line with costs, and the profits have declined significantly. Therefore, since November, the magnetic bead price has been increased by more than 15% for agents, and production has begun to be reduced, and the production of products with poor gross profit will be abandoned to reduce losses. According to statistics from TAI-TECH, the revenue of laminated chip magnetic beads and inductors currently accounts for about 18%.

Power devices: Nexperia rising, domestic and foreign substitutes both rising

The price of power semiconductors has also shown an upward trend recently. The most eye-catching thing is the surge in some models caused by the Nexperia incident, and the demand and prices of Nexperia substitute materials have also increased significantly. In addition, China Resources Micro stated in the price increase letter that the rise in upstream raw materials has also brought cost pressure.

Nexperia: After a 10 fold increase in transaction price, it has gradually stabilized

When the Nexperia incident first broke out in October, the chip spot market saw an increase in demand for Nexperia chips and the number of people buying and selling Nexperia chips, with demand of tens of thousands, hundreds of thousands, and even KK level. Some factory inventory forms were also being shipped in various groups. In late October, the market transaction price also began to increase, and it is said that chips with a tenfold increase were actually traded. For high priced chips, at that time, the chips with high premiums were mainly purchased by overseas customers, while domestic large customers were mainly looking for other domestic alternatives. At present, the overall market for Nexperia chips is in a process of gradually recovering demand after a wait-and-see attitude. The overall demand has decreased significantly compared to the market frenzy period, but there are still transactions, mainly due to foreign trade demand. The transaction price has decreased, but there are still some part numbers that remain high, and the market heat has not decreased.  
Different chip distributors also have different feelings: some traders say that demand is still weak and believe that the current market situation is the only opportunity for material numbers to be loaded; A friend who specializes in large trade clients told us that demand decreased last week; Friends who have access to Nexperia's advantageous source of goods said that the transaction volume has been relatively high in the past two weeks, and some friends even said that the demand last week was even higher than the previous week.

China Resources Microelectronics: Price increase for some IGBT products

During an investor exchange at the end of October, China Resources Micro confirmed that the company had implemented price increases for some IGBT products. The management team of China Resources Micro is quite positive about this, believing that it indicates that the power device market has entered a new stage of stabilization and improvement, and pointing out that the driving force for price increases comes from two aspects: firstly, to cope with the pressure of rising costs of raw materials such as copper; Secondly, orders in related fields have performed well.

Other: Multiple brands have reported price increases

After the Nexperia  incident, some distributors stated that since mid October, the spot inventory of MOSFETs and diodes has been significantly tight, and the delivery time of automotive grade part numbers has been extended to more than 12 weeks. They bluntly stated that "after the Nexperia factory stopped production, not only have delivery times been extended, but some models have also started to increase prices. Consumers are worried about further price increases and are preparing materials in advance.

TE: It is rumored that price adjustments will be implemented in all regions in January next year

On December 4th, TE Connectivity issued a price adjustment notice to its global channel partners. The notice states that TE will implement price adjustments in all regions, effective from January 5, 2026, and applicable to all TE authorized distributors. Although TE continues to control rising costs by increasing production capacity, the current inflationary environment (including rising metal costs) requires TE to adjust prices.

ADI: rumored to adjust prices in February next year

According to market news, global analog chip giant ADI also plans to raise prices and will adjust price fluctuations on February 1, 2026 to ensure a smooth transition.