China Resources Microelectronics: H2 supply-demand tight, pricing positive

TREE NEWS reports: China Resources Microelectronics (华润微) said in an institutional survey that due to full order books and tight capacity, it implemented two rounds of product price hikes in February and July, with the second round’s negotiations largely completed in July and showing bigger increases and broader coverage. The benefits will lag due to order delivery cycles, with Q3 effects expected to emerge. H2 supply-demand should remain tight, supporting a positive pricing stance.