According to supply chain, STMicroelectronics issued a notice to its authorized distributors yesterday that it will raise prices in the second quarter.

ST said in a notice that the ongoing global semiconductor shortage, together with the economical and geopolitical situation, has seriously affected the semiconductor industry, and there is no sign of a short-term recovery.

"While we keep investing strongly in manufacturing, the cost of raw materials, along with energy and logistic costs have reached a level which cannot be absorbed by STMicroelectronics in full," ST said.

For these reasons, ST will increase prices for all product lines, including existing backlogs, in the second quarter of 2022.