Samsung and SK Hynix reportedly spearhead price reduction requests to substrate manufacturers
Odaily reported that the Korea Printed Circuit Association (KPCA) revealed Samsung and SK Hynix, envious of the frequent price hikes by upstream substrate manufacturers due to supply shortages in the market, are planning to request substrate suppliers to lower prices. In the latest price negotiations with substrate suppliers, they demanded a reduction in quotations, intending to retract the price increase of around 3%–4% on average in the first quarter of this year.
It is reported that Samsung and SK Hynix are advocating for lower prices because earlier this year, the rise in the prices of raw materials such as gold and copper led them to accept an approximately 3%–4% price increase from substrate manufacturers. However, since the volatility in raw material prices has eased recently and the price hike factors have disappeared, they believe quotations in the second half of the year should return to pre-increase levels. (Golden Ten Data)
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