STOCKS | Leon Micro Raises Prices 10%–15% for Power Chips and Silicon Wafers

Leon Micro has notified customers of price increases across its product lines, citing rising upstream raw material costs. According to Jin10, the company said its overall production costs have risen significantly due to sustained increases in raw material prices. To ensure product quality, service standards, and supply stability, Leon Micro will raise prices for its full range of power chip products by 10% to 15% starting June 15. For its semiconductor silicon wafer business, Leon Micro’s subsidiary Jinruihong said it will increase prices for its wafer products by 10% to 15% starting July 1, also attributing the adjustment to higher upstream raw material costs.