According to market sources, U.S. analog chip manufacturer Analog Devices Inc. (ADI) recently issued a price increase notice to its distributors in China, saying that starting from February next year, the price of some products is expected to increase by 10-20%. ADI stated in the price increase letter that the company attaches great importance to the reliability of stable component production, so it will not arbitrarily stop the production of components within a controllable range. In order to ensure supply to customers, the company will increase prices on some older product lines to offset the cost pressure caused by maintaining production.

ADI said the price increase will take effect on February 4, 2024. If customers object to the price increase, they will provide the best alternative components.

The full name of Analog Devices is Analog Devices, headquartered in Norwood, Massachusetts, USA. It is a supplier specializing in semiconductor sensors and signal processing chips. Its products are mainly used in the fields of analog signals and digital signal processing.

In July 2018, the company said it had cooperated with Baidu on an autonomous driving project. The focus of the collaboration between the two companies is to provide comprehensive, systematic and reliable solutions to address autonomous driving and smart connectivity issues that are critical to the future of smart transportation.

In April 2022, Analog Devices joined Intel and Micron in a semiconductor alliance called MitreEngenuity with the aim of enhancing the resilience of the U.S. semiconductor industry. (little fox)