The Taiwan-based passive component giant, Yageo Corporation, has recently notified customers that its chip resistors and tantalum capacitors will increase in price by 1%, and MLCC will increase by about 1% to 3%. The new prices will take effect on June 1 according to reports here.
“From a cost perspective, copper prices, ceramic substrates, transportation and labor costs have all increased. Yageo raised prices again in response to rising costs,” said the report.
Around the same time U.S. semiconductor and IC device manufacturer, On Semiconductor, has issued a price increase notice to its customers and distribution partners in mid-May that it will increase prices on July 10, 2021.
ON Semiconductor stated that it will take some actions to further ensure the stability of the supply chain to meet customer needs, including further targeted price increases, as necessary, in the most negatively impacted portfolios. Price change will be reflected in the Q3 2021 pricing cycle, which will become effective on July 10, 2021 as planned. Read more here
To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.
Either through the hundreds of manufacturers we purchase directly from, or the international network of component supply-partners offering full product traceability, Astute Safe-Supply, run by sourcing experts and offers a deeper insight into the global components markets.
With real-time access to the latest listings and prices cultivated through several decades of close supplier partnerships, we are able to spot price disparities and leverage product price variances to deliver cost-effective solutions to customers, whilst ensuring a quality, risk-free supply.
For more help with looking at supply chain options, contact Astute Electronics here
