SmartSens has issued a price increase notice, with prices for some products rising by 10-20%.

SmartSens announced a price increase of 10-20% for some smart security and AIoT products, effective March 1st. Specifically, products manufactured at Samsung's fab will see a 20% price increase, while products manufactured at Jinghe Integrated's fab will see a 10% price increase. This price hike is due to a global shortage of memory chips leading to supply chain imbalances and cost pressures from upstream wafer foundries.