Taiwan Chipmaker to Increase Prices by 20%, Bitmain Says
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Taiwan chipmaking giant Taiwan Semiconductor Manufacturing Company (TSMC) will increase prices for all semiconductor processes by 20% starting immediately, Bitmain said in a blog post. Meanwhile, local newspaper Commercial Times reports that the increase is scheduled for Q1, 2021. TSMC's sources also said the chip shortage will likely remain until 2025.

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"The Bitmain supply chain team will strive to steadily increase the production capacity of Antminers while adhering to manufacturing quality," Bitmain said in the announcement.

The price increase for 7 nm processors is expected to stay within the 10% range, while 16 nm chips will likely rise up to 20%. As of press time, TSMC has not confirmed the reports.

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Earlier in June, Bitmain suspended sales of mining rigs as cryptocurrency miners started leaving China due to the local ban. The company said it had decided to postpone sales in order to help miners exiting the China's market get better prices. Prices for top-tier ASICs plunged by approximately 75% since April after Chinese Vice Premier, Liu He, said that authorities should impose more regulation on the mining market in order to protect the financial system.

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