Apr. 20 at 6:26 PM
UMC sends letter to clients announcing the upcoming price adjustment, citing the evolving supply-demand environment & continued investments needed to support customer growth - pricing adjustment will be based on factors including UMC’s product mix strategy, capacity agreements and long-term partnership - expects the ongoing structural evolution of the global semiconductor landscape to persist
Morgan Stanley: Pricing power reflects AI’s ripple impact on the semiconductor industry, with AI-related demand for server PMIC, networking, storage controllers and general computing absorbing smartphone and PC weakness at mature nodes. Overall PMIC capacity remains tight at mature fabs including Vanguard, Powerchip, SMIC & Hua Hong
Assumes +5% to +10% price increase in 2H26 & another +5% to +10% hike in FY27, compared to a prior assumption of no price increases. Small PMIC & MCU products will likely see price increases, while driver IC pricing should remain largely unchanged
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