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Recently, Lion Microelectronics has released a notice to its customers, detailing adjustments in product pricing. The company announced that, effective June 15, there will be a 10%-15% increase in the prices of all products within its power chip business segment. Additionally, the semiconductor wafer business operated by its subsidiary, Jinruihong, will also experience a price hike of 10%-15%, set to take effect from July 1. Lion Microelectronics explained that this price adjustment is mainly a response to the persistent escalation in the costs of upstream raw materials, which has led to a substantial rise in production expenses. The company emphasized that this move is necessary to uphold product quality, maintain high service standards, and ensure a stable supply.
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