On February 26th, reports emerged indicating that on the 25th, XinJieNeng, a prominent domestic manufacturer of power semiconductors, had announced a price hike of at least 10% for its MOSFET products, effective for shipments starting March 1st. XinJieNeng explained that the surge in global prices for upstream raw materials and crucial precious metals has led to a continuous escalation in the company's wafer foundry as well as packaging and testing expenses. Consequently, the company finds it increasingly challenging to shoulder these costs independently. In a bid to sustain its operations, maintain a steady product supply, and uphold service quality, XinJieNeng has opted to implement a moderate adjustment in its product pricing.
