BASiC Semiconductor to Lift Select Product Prices Amid Surging AI and EV Demand

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2026.07.12 22:07
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BASiC Semiconductor (HK:9971) announced it will raise prices on certain products by up to 25% starting in Q3 2026. This decision responds to sustained demand from AI and new energy vehicle sectors, which have tightened supply. The price adjustments aim to support R&D investment and ensure product quality and supply stability. Management stated that customer relationships remain stable and the move is part of normal business operations.