Taiwan's UMC to raise prices by up to 15 percent: report

Taiwan's United Microelectronics Corp (UMC), the world's third-largest contract microchip manufacturer, will raise the prices it charges some clients by 5 to 15 percent amid heated demand, the Commercial Times reported. The move comes amid strained capacity at chip players across the industry, according to the report, with larger domestic rival Taiwan Semiconductor Manufacturing Co Ltd (TSMC) unable to step in to meet the additional demand. A separate report in Taiwan's Economic Daily News said that UMC and TSMC's clients are offering to pay between 3 and 5 percent more for the chips, also due to strained capacity and fierce industry demand. Representatives for UMC and TSMC would not comment on the reports.



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