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Dynamite News
Dynamite News
National
DN Bureau

South Korea: Automobile, PC, and phone prices to increase due to rising material costs

Price of semiconductors has continued to increase (File Photo)

Seoul: Amid global market uncertainties, the price of semiconductors has continued to increase. Concerns are rising that it can lead to price hikes in overall industries.

While raw material prices have continued to rise due to the global supply chain crisis and the Russia-Ukraine war, imported raw material prices have also risen with the increase in the won-dollar exchange rates. Due to rising raw material costs, semiconductor manufacturers are raising prices.

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