Taiwan chip maker considers price hike
Posted May 26, 2008 11:00 pm
TAIPEI, Taiwan -- Taiwan Semiconductor Manufacturing Co., the world's largest contract chip maker by revenue, is considering raising prices, a company official said Tuesday.
The chip industry's trend of falling average selling prices and rising research and development costs is unsustainable, said Jason Chen, a company vice president for worldwide sales and marketing.
"We must change it," Chen told a technology forum in Hsinchu in northern Taiwan, where TSMC is based.
TSMC shares rose 0.5 percent Tuesday to close at 65.80 New Taiwan dollars ($2.16).
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