Source: South China Morning PostSTMicroelectronics (STM), Europe’s second-largest chip maker by revenue, said on Monday that it would raise prices across product lines from June 1, citing rising costs in materials along with challenges in meeting demand as the global semiconductor shortage deepens, according to a statement circulating on Chinese social media.“Semiconductor demand is currently reaching unprecedented heights, leading to major challenges in meeting orders despite our significant capital investment,” STM said.The…Read More