Feb. 16, 2023 /SemiMedia/ -- According to industry insiders, UMC has offered a 10-15% price discount to customers willing to increase their order volume in the second quarter of 2023.

Sources said that foundries including UMC had intended to maintain their quotations, but in order to maintain the utilization rate of fab capacity, they have begun to offer discounts or other favorable terms to customers.

The source further revealed that, in addition to UMC, TSMC wants to resume discounts for specific customers and order volumes, while VIS offers some customers more free wafers as a discount. In addition, according to earlier reports, Samsung Electronics plans to reduce foundry prices by 10% in response to weak overall market demand.