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IC packaging and testing company issued price increase notice

SemiMediaEdit
January 13, 2021

According to the supply chain, Orient Semiconductor Electronics, a semiconductor packaging and testing service provider, has recently issued a price increase notice to the client in response to the continuous increase in the prices of substrates and gold wires and other raw materials, stating that orders shipped from this month will adopt higher prices.

According to the price increase notice issued by Orient Semiconductor, its suppliers started to increase prices in December last year, making it impossible to obtain raw materials at the previous prices. In the case of rising demand and tight production capacity, the production cycle has also been extended. In order to ensure stable production in the supply chain and continued cooperation, it was decided to adjust prices.

In addition, Chipbond Technology, the major shareholder of Orient Semiconductor, which is also engaged in the packaging and testing business of semiconductor products, has raised some test prices in October last year.

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