SMIC has implemented price increases on some production capacities, with an increase of approximately 10%

SMIC is expected to raise prices for some production capacity by about 10% soon. The reasons for the price increase include the growth in demand for mobile applications and AI, as well as rising raw material costs. In addition, TSMC's consolidation of 8-inch capacity and plans to shut down some production lines by the end of 2027 have also triggered price increase expectations. SMIC and Hua Hong's capacity utilization rates are close to full load