TSMC Raises Chip Prices by Up To 20 Percent as Chip Shortages Continue

The main supplier of advanced logic chips to the likes of Apple, Qualcomm, and AMD, among hundreds of other customers; TSMC, is reportedly planning to raise its prices by up to 20 percent, according to a report in The Wall Street Journal. The WSJ report talks about a roughly 10 percent increase in prices of logic chips built on the company's latest nodes (possibly N7 or newer); while prices of chips on older processes could rise by around 20 percent. This would have a direct impact on prices of not just PCs, but also smartphones and much of the ICT industry. The report, however, doesn't mention whether specific clients such as Apple and AMD would be affected by the new prices, as their large purchase volumes afford them bargaining power for their contracts. It will, however, wreak havoc with smaller clients that order based on demand, as well as companies planning future products.