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TSMC to raise prices of chips - WSJ

Aug 26 (Reuters) - Taiwan Semiconductor Manufacturing Co , the world’s largest contract chip manufacturer, is raising prices by as much as 20%, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

The company plans to increase the prices of its most advanced chips by about 10%, while less advanced chips used by customers like auto makers will cost about 20% more, according to the report. (on.wsj.com/3zjYYEp)

TSMC did not immediately respond to a Reuters request for comment. (Reporting by Arunima Kumar in Bengaluru; Editing by Saumyadeb Chakrabarty)

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