BASiC Semiconductor (09971.HK): Adjusts Prices on AI and NEV Demand Growth, Tight Supply

newtimespace.com reports, BASiC Semiconductor Co., Ltd. (Stock Code: 9971) announced that given the rapid development of global AI, new energy vehicles and other emerging applications since 2026, which has driven continuous growth in market demand and maintained a tight balance between supply and demand, the group will moderately adjust the selling prices of certain products starting from the third quarter of 2026. This adjustment is aimed at supporting continuous R&D investment and ensuring product quality and supply stability. The price increase for certain products is expected to be up to 25%, with specific adjustment plans to be determined based on product category, order size, cooperation model, market region and mutual commercial arrangements, and implemented in an orderly manner with relevant customers. The price adjustment is part of the group's normal business operations. The group maintains stable commercial relationships with its customers, and the implementation is based on market conditions.

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