January 19, Leshan Radio to customers and agents issued product price adjustment notice letter.
Leshan Radio said that due to the drastic changes in the market this year, the prices of wafers and upstream raw materials continue to rise sharply, leading to the increasing costs of our company. Based on the current market supply and demand trend, it is expected that the tight supply chain will continue for a long period of time.
In order to ensure the stability of product quality and continuity of supply, our company has decided to adjust the prices of the following products on February 1, 2021 after careful consideration and calculation:
1. The current prices of IC and MOS products will be raised by more than 15%.
2. Current prices of ESD and audion products shall be increased by more than 10%.
3. From February 1, 2021, all orders (including undelivered) will be controlled according to the new price.
The text of the product price adjustment notice is attached below:
Leshan Radio Co., Ltd. and its joint ventures are China's largest discrete semiconductor device manufacturing base and one of China's top 100 electronic information enterprises. Founded in 1970 as Leshan Wireless Power Plant, it is a joint-stock group consisting of several joint ventures. It is an electronics company focusing on manufacturing discrete semiconductors and striving to develop into integrated circuit semiconductors.