📊Executive Summary

TSMC, the largest contract chipmaker, is set to increase its prices by up to 20% in January 2022, marking its most significant cost hike in a decade. This increase is a response to rising material costs and the ongoing global chip shortage. The price hike will affect various sectors, with node services of 7nm and above seeing increases of 10-20%, while sub-7nm processes will rise by 3-10%. Major clients like Qualcomm and MediaTek may see their product costs rise by 10%, while Apple will experience a smaller increase of 3-5%. The anticipated price changes could lead to higher costs for consumer electronics and data center processors. TSMC's pricing adjustments are expected to impact the overall electronics market, necessitating procurement teams to adjust their strategies accordingly....