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SMIC: Company’s memory and BCD products are in high demand and are increasing prices
On the evening of February 12th, SMIC stated in the investor relations activity record that the company’s memory and BCD products are in short supply and prices are rising, with market supply decreasing. Prices for CIS and LCD drivers in the bulk category have stabilized. For new, iterative, and competitive products, prices are increasing. Products with rapid iteration, such as WiFi, LCD drivers, and AMOLED drivers, are experiencing price growth; non-iterative standard products are seeing some price declines. The company will prioritize support for iterative products in R&D, engineering, and capacity to strengthen product pricing and improve its control over ASP.