Japan's Sumco, Showa Denko to hike chip material prices 20-30%

Cost pressures could mean higher car, appliance prices for consumers

20220608 Showa Denko SUMCO

Sumco will raise the price of silicon wafers by 30%, while materials producer Showa Denko raised the price of all high-purity gas by more than 20%. (Screenshot from company websites).

Nikkei staff writers

TOKYO -- Japan's semiconductor material makers are moving to raise prices, as strong demand and the Ukraine war tighten supplies. The upward pressure on costs could translate into higher prices for products such as cars and home appliances.

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