According to a report from South Korea’s ETNews cited by Odaily, several tier-one equipment suppliers to SK Hynix have recently submitted requests to raise supply prices. The proposed increases are in the range of 3%-4%. SK Hynix has not directly accepted the requests and has instead asked the suppliers involved to provide supporting materials so the company can evaluate the price-hike applications.
Equipment makers join price negotiations
The report noted that, according to industry participants, it is relatively common for raw material and component suppliers to negotiate price increases with downstream customers when their costs fluctuate significantly. However, it is less common for equipment manufacturers themselves to make such requests. The materials submitted by suppliers will serve as the basis for SK Hynix’s assessment of whether supply prices should be adjusted.
The information currently disclosed covers only the parties making the requests, the proposed 3%-4% price range, and SK Hynix’s review step. The specific supplier names and the outcome of the negotiations have not been disclosed. The matter shows that equipment supply-chain pricing discussions have entered SK Hynix’s procurement evaluation process.