ADI announces an increase in the price of chips!

November 2, according to ADI China news, due to rising costs, ADI plans to raise the price of some products from December 5!

"We have experienced cost increases in all aspects of the supply chain, such as the significant increase in wafer manufacturing costs," ADI said. We have tried to minimize the impact of these increased costs on our customers, but we must now reflect some of these costs in our pricing. "

ADI said that in the face of price upward pressure from all aspects of the industry's supply chain, especially the significant increase in wafer manufacturing costs, the company has been doing its best to reduce the impact on customers over the past period of time, but now has to make adjustments to meet the common challenges in the industry.

ADI was founded in 1965, headquartered in Norwood, Massachusetts, USA, after more than 50 years of development, its digital-to-analog converter, optical fiber and optical communication chips, MEMS and sensors and other products have covered industrial, communications, automotive electrification and consumer electronics and other fields. ADI's operating income for fiscal year 2020 was $5.603 billion.

According to IC Insights data, ADI is the second largest analog IC supplier in the world in 2019, second only to Texas Instruments (TI), the largest manufacturer. From the revenue and market share of the simulated IC market, ADI's revenue is $5.169 billion and its market share is 10%. TTI's revenue is $10.223 billion and its market share is as high as 19%.

At present, all the major wafer manufacturers are raising their prices. following the price increases of United Power, LSMC, and World Advanced, TSMC also announced a few days ago that the production capacity of wafer foundry will be increased by 10-20% in the fourth quarter, driving a new round of price increases for chip manufacturers.