Japan-based chemical supplier Showa Denko warns of chip material price hikes

News
Corporate developments

The company expects to further raise prices after a dozen hikes this year amid economic headwinds for the semiconductor industry

Showa Denko KK, a Japanese chemicals supplier has planned to further hike prices and reduce unprofitable product lines as the USD550-billion semiconductor sector faces a slew of economic issues, according to a report published by South China Morning Post on 5 July 2022.

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