December 27, 2023 /SemiMedia/ -- According to the supply chain, Analog Devices (ADI) recently issued a price increase notice to its customers, stating that it will increase the prices of some products in February 2024.
ADI stated in the notification that its customers value the reliability of long-term production guarantees of parts and that ADI will not obsolete parts within its control. In order to sustainably maintain supply guarantees to customers, ADI has decided to increase the prices of some older products to offset the incremental costs incurred in maintaining the production of these older parts.
ADI said the price increase will take effect on February 4, 2024. If the customer has objections to the increased price, they will provide the next best alternative replacement part.