MindTech Electronics: Upstream silicon wafer manufacturers are willing to raise prices in the fourth quarter, and Guangxin Microelectronics will follow up as needed.

Minde Electronics recently stated at its earnings briefing that the company is adjusting prices based on market conditions. Currently, some upstream silicon wafer manufacturers have expressed their intention to raise prices again in the fourth quarter. Guangxin Microelectronics will decide whether to follow suit based on upstream conditions and product structure optimization. From the market perspective, it is expected that power semiconductors will be in a prosperous cycle over the next three years, with ample room for price increases. The price increase will vary by product category, and under stable supply conditions, customer acceptance is relatively good. The current prices remain low compared to early 2023.