Recently, a number of chip manufacturers and foundry companies have announced price adjustments one after another, and may launch a new round of price increases.
Following the price increase in the second quarter, storage giant Samsung Electronics announced plans to raise the price of major memory chip products such as dynamic random access memory and NAND flash memory by 15% to 20% in the third quarter. Currently, Samsung Electronics has notified major customers such as Dell Technologies and HP about price increase plans.
Memory chips are the most important segment of the semiconductor market. Starting at the end of 2023, the semiconductor storage industry will gradually enter an upward cycle.
The performance of a number of major overseas storage companies has improved markedly one after another.
According to TrendForce, the 6.18 promotion festival in mainland China and the release of new smartphones in the second half of the year are expected to drive inventory recovery and positively affect capacity utilization.
Benefiting from domestic IC replacement, capacity utilization is recovering rapidly, and even some process production capacity is already at full capacity.
The second half of the year enters the traditional peak stocking season, and the tight production capacity situation may continue until the end of the year. Foundry in mainland China is expected to stop falling and pick up, and even plan further price increases for specific processes.
1. Various fields have been launched one after another. Since the end of 23, simulation/storage has accelerated, and 24q2 production capacity has increased 21K/month compared to 23q4.
The analog BCD process is the most popular, followed by storage, low voltage MOS, and high voltage MOS superjunction. However, CIS, general logic, and IGBT have yet to recover, and CIS is not expected to increase significantly in the short term.
Price increases are planned at the end of February and June, confirming the recovery of the industry. Due to the recovery of downstream sentiment, Q2ASP is expected to increase 5% month-on-month.
According to Minsheng Securities's electronics industry research, the industry may be planning price increases at the end of June and negotiations one after another. The Q2 price increase is expected to be reflected in the foundry's Q3 performance.
The price increase for the simulated BCD process is quite aggressive.
Existing storage capacity has failed to meet demand. ETOX increased by more than 10% last month, and customer acceptance is good.
The display driver is expected to increase by 10-15%, and production capacity cannot fully meet customer needs.
Although the prices of IGBT and CIS have not increased, they have already increased in disguise by canceling discounts, etc.
Leading chip-related companies:
Huahong Semiconductor (01347), SMIC (00981), Shanghai Fudan (01385), Times Electric (03898), etc.