Samsung and Hynix raise chip prices

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Samsung and Hynix raise chip prices

Samsung Electronics Co. and Hynix Semiconductor Inc., the world’s two largest makers of computer memory chips, raised prices for their biggest customers, citing a shortage of microchips. Hynix increased prices for its chips from 5 to 10 percent, said James Kim, head of investor relations at the company. Samsung raised prices in February “significantly,” according to Chu Woo Sik, head of investor relations at the Suwon-based company. He did not add any details. Samsung and Hynix have been shifting production toward consumer electronics chips, shifting resources and manpower away from large orders from customers that make personal computers, such as Dell Inc.
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