During the semi-annual performance review held on September 8, Chen Xiangdong, the Chairman of Silan Microelectronics, announced that the company has successfully concluded price adjustments for its clients operating outside the automotive and white goods industries. Notably, the proportion of clients under long-term agreements is relatively low, and any price modifications will be conveyed to them according to predetermined schedules. Concurrently, Silan Microelectronics has witnessed substantial enhancements in its SiC (Silicon Carbide) product line. Considering the current market supply and demand trends, the company has decided that the price adjustments planned for the latter half of this year will exclude SiC products.
