Core Viewpoint - The power semiconductor industry is experiencing a new wave of price increases driven by rising cost pressures and structural demand from AI applications [1][2] Group 1: Price Increases - Wuxi Xinjieneng announced a price increase of at least 10% for MOSFET products effective from March 1, following similar announcements from major companies like Infineon and Silan Microelectronics, with price hikes generally ranging from 10% to 20% [1] - The price surge is attributed to significant increases in the prices of raw materials and key precious metals, which have raised wafer processing and packaging costs [1][2] Group 2: Cost Structure and Demand - The cost of core materials such as copper, aluminum, palladium, and silver has risen significantly since 2025, with packaging costs accounting for over 50% of production costs in mid-power devices, and in some cases, reaching 70% to 80% [2] - The demand for power semiconductors is expected to remain strong due to the ongoing AI infrastructure investment, with AI server power requirements increasing dramatically [2][3] Group 3: Industry Dynamics - The current price increase is expected to last throughout 2026 and possibly beyond, as the tight supply-demand balance for precious metals is unlikely to reverse in the short term [2] - The structural differentiation within the industry will intensify, benefiting upstream material and equipment suppliers while putting pressure on smaller midstream design and manufacturing companies [3] Group 4: Third-Generation Semiconductors - The price increases are likely to accelerate the penetration of third-generation semiconductors like SiC and GaN, as the cost gap narrows between silicon-based devices and SiC due to scale production [4] - Companies like Silan Microelectronics and Huazhong Microelectronics are advancing in the third-generation semiconductor space, with Silan aiming for significant production capacity in SiC devices by 2025 [4][5]

国科微表示，价格上调的原因除了与成本攀升的压力还包括供应链紧张。美芯晟表示，受上游原材料等 环节调价影响，公司相应的芯片产品也会有一定的价格上浮。 作者 | 吴旭光 陈俊清 一场事关全行业的"涨价潮"在半导体产业链中持续席卷。 年初至今，华润微、中微半导、必易微、国科微、英集芯（维权）、美芯晟，以及欧姆龙、ADI、英飞 凌等多家国内外半导体及芯片企业陆续宣布产品涨价通知，涨幅普遍在10%至80%区间，覆盖MCU、 NORFlash、合封KGD存储、功率器件等多个品类。 《科创板日报》记者向产业链公司求证并采访发现，多数企业在调价原因中均提及，上游原材料及关键 贵金属价格大幅上涨是本轮提价的主因，而供需格局失衡则进一步助推了芯片产品涨价。 ▌铜、银、锡等原材料上涨 对于此轮芯片产品涨价，一家半导体功率器件上市公司人士向《科创板日报》记者表示，此轮产品涨价 主要与铜、银、锡等上游金属材料价格上涨相关，并非来自硅片等半导体级硅材料的涨价。其表示，功 率器件是在硅片上制作电路，产业链公司使用的电子级多晶硅需求量不大、市场价格整体相对稳定。 其中，国内铜价方面，在2025年上涨34.34%之后，其价格在2026年开年又 ...

半导体行业又一细分龙头官宣涨价！ 2月25日，功率半导体龙头新洁能发布通知，宣布MOSFET产品涨价10%起，3月1日正式生效！不只新 洁能，英飞凌、士兰微等厂商早已跟进，涨价已成行业共识。核心原因就是原材料涨价、AI需求激 增，成本压力实在扛不住了！ 涨价背后，是半导体行业的全面爆发！美国半导体协会数据显示，2025年全球半导体销售额达7917亿美 元，同比大增25.6%；中国市场更亮眼，销售额突破2100亿美元，增速远超全球，占全球三成份额！东 海证券表示，AI算力需求爆发，涨价潮正全面蔓延。 行业高景气，概念股业绩集体爆发！A股172只半导体个股中，116只已披露业绩，74股预告净利润变动 中值为正，25股增幅超100%！其中臻镭科技（维权）净利润同比暴增529%—642%，爆发力拉满！ MACD金叉信号形成，这些股涨势不错！ ...

Core Viewpoint - Wuxi NCE Power Co., Ltd. (新洁能) announced a price increase of at least 10% for its MOSFET products, effective from March 1, 2026, due to rising costs of raw materials and key precious metals [1][4]. Group 1: Price Adjustment Details - The price adjustment applies specifically to MOSFET products [4]. - The increase is set to take effect on March 1, 2026 [4]. - The company expressed regret for any impact this adjustment may have on customers and seeks their understanding and support [4]. Group 2: Company Background and Financial Performance - Wuxi NCE Power Co., Ltd. is a leading player in the domestic power semiconductor sector, focusing on the research, design, and sales of power devices such as MOSFETs and IGBTs [6]. - The company's products are widely used in various downstream sectors, including new energy vehicles, smart grids, industrial control, and consumer electronics [6]. - In the first three quarters of 2025, the company reported a total revenue of 1.385 billion yuan, a year-on-year increase of 2.19%, and a net profit attributable to shareholders of 335 million yuan, up 0.7% year-on-year [6]. - However, the third quarter of 2025 saw a decline in revenue to 456 million yuan, down 5.5% year-on-year, and a net profit of approximately 99.4 million yuan, down 13.23% year-on-year, indicating pressure on profitability [6]. Group 3: Industry Context - The price increase by Wuxi NCE is part of a broader trend of rising prices in the domestic chip market, with several companies, including Zhongwei Semiconductor and Guoke Microelectronics, also announcing price hikes ranging from 10% to 80% across various product categories [6]. - This price surge is driven by cost pressures and increased demand from AI applications, affecting not only storage chips but also power semiconductors and other critical components [6][7]. - Recent reports indicate significant price increases in the semiconductor industry, with NAND flash contract prices rising by 55%-60% and server DRAM prices increasing by nearly 90% [7].

近日，国内功率半导体设计龙头新洁能（605111.SH）发布涨价函，宣布公司对MOSFET产品进行价格 上调，上调幅度10%起，此次价格调整自2026年3月1日起发货正式生效。 新洁能在涨价函中表示，提价的核心原因是近期全球上游原材料及关键贵金属价格大幅攀升，导致公司 晶圆代工成本与封测成本持续上涨，目前已无法独自承担持续增加的综合成本，为保障公司可持续运 营、确保产品稳定供应及服务质量，经慎重研究后决定适度调价。 无 锡 新 洁 能 股 份 有 限 公 司 Wuxi NCE Power Co., Ltd 价格调整通知函 尊敬的客户: 调整幅度:上调幅度 10%起 执行时间:本次价格调整自 2026年3月1日起发货正式生效。 我们深知此次调整给您带来的影响,对此深表歉意,同时希望得到 您的理解与支持。您的客户经理将与您沟通本次价格调整的具体安排, 如需咨询相关问题,可随时与我们联系。 特此函告,顺祝商棋! 无锡市新吴区新晶路1号 No. 1 Xinjing Road, Xinwu District, Wuxi, China 214000 新洁能涨价函 您好! 衷心感谢您多年来对无锡新洁能股份有限公司的信任和支 ...

2月25日，新洁能（605111）发布涨价函，表示因上游原材料及关键贵金属价格大幅攀升，导致晶圆代 工及封测成本持续上涨，为保障公司可持续运营，公司决定对MOSFET产品进行价格上调，上调幅度 10%起，本次价格调整自2026年3月1日起发货正式生效。 国产芯片公司集体涨价 国内厂商方面，华润微电子已明确自2026年2月1日起，对公司全系列微电子产品启动价格上调，上调幅 度最低为10%。 士兰微（600460）也发布涨价函，自2026年3月1日起对小信号二极管、沟槽TMBS及MOS类芯片提价 10%。 此轮涨价潮的背后，是下游需求的强劲复苏。东海证券研报指出，随着AI数据中心、新能源车、储能 和工业控制等下游领域的快速发展，功率半导体市场需求持续攀升，其中AI服务器的爆发式增长尤为 显著，已成为重要的需求增量来源。 业绩向好半导体概念股出炉 据证券时报·数据宝统计，A股中属于半导体细分行业的个股共有173只，目前已有124股发布2025年度业 绩预告、业绩快报或年报，其中46股净利润预增，13股预计扭亏，22股预计减亏（归母净利润按年报、 业绩快报、业绩预告下限计算）。 净利润预增的个股中，臻镭科技、佰维存储 ...

芯片涨价蔓延到了国产功率半导体。 上证报记者获悉，2月25日，新洁能发布涨价函，表示因上游原材料及关键贵金属价格大幅攀升，导致晶圆代工及封测成本持续上涨，为保障公司可持续 运营，公司决定对MOSFET产品进行价格上调，上调幅度10%起，本次价格调整自2026年3月1日起发货正式生效。 无锡 新 洁 能 股 份 有 限 公 司 Wuxi NCE Power Co.,Ltd 价格调整通知函 尊敬的客户: 您好! 衷心感谢您多年来对无锡新洁能股份有限公司的信任和支持,在此 我司表示深挚谢意! 近期全球上游原材料及关键贵金属价格大幅攀升,导致我司晶圆代 工成本与封测成本持续上涨,目前已无法独自承担持续增加的综合成 本。为保障公司可持续运营,确保产品稳定供应及保障服务质量,经公 司慎重研究,决定对新洁能产品价格进行适度调整。 调整范围: MOSFET 调整幅度:上调幅度 10%起 执行时间:本次价格调整自2026年3月1日起发货正式生效。 我们深知此次调整给您带来的影响,对此深表歉意,同时希望得到 您的理解与支持。您的客户经理将与您沟通本次价格调整的具体安排, 如需咨询相关问题,可随时与我们联系。 记者注意到，2025 ...

功率半导体厂商集体涨价。继英飞凌、士兰微、宏微科技等厂商后，近日，又有功率半导体厂商发布价 格调整通知。2月25日，国产功率半导体厂商新洁能发布价格调整通知，宣布对MOSFET产品涨价10% 起，3月1日起发货生效。据证券时报·数据宝统计，A股中属于半导体细分行业的个股共有173只，目前 已有124股发布2025年度业绩预告、业绩快报或年报，其中46股净利润预增，13股预计扭亏，22股预计 减亏（归母净利润按年报、业绩快报、业绩预告下限计算）。净利润预增的个股中，臻镭科技、佰维存 储、中科蓝讯等11股预计净利润增幅超过100%。 ...

抢着上"春晚"的除了明星，还有机器人。 上述科技感十足的机器人集体亮相，早已不只是一场单纯的视听表演，更成为资本市场观测具身智能产 业脉动的窗口。 《每日经济新闻》记者注意到，当机器人从实验室和工厂车间走向亿万家庭团聚的荧幕中心，其背后交 织的是一张由众多上市公司协同编织的生态网络。部分上市公司通过直接或间接股权投资，早已锚定机 器人赛道内的核心玩家，部分上市公司则以核心供应商或战略合作伙伴的身份深度嵌入其中。 这场"春晚集体秀"能否如2025年宇树科技一般，再次点燃一个产业的新周期？繁华喧嚣的"春晚"舞台之 下，产业真实的"温度"究竟如何？ 从一线企业的反馈中，大家可以窥见乐观预期之外更需冷静面对的现实。多家被市场视为"概念股"的上 市公司坦言，相关业务大多仍处于市场开拓、试样或小批量订单阶段，对公司当前业绩贡献甚微。 多家公司参与机器人领域 芯联集成（SH688469）旗下CVC（企业风险投资）平台芯联资本于2025年参与魔法原子战略融资，公 司与魔法原子存在战略合作关系。公告显示，芯联集成主要提供一站式芯片系统代工服务，在机器人应 用领域，公司用于机器人激光雷达的光源VCSEL（垂直腔面发射激光芯片）和 ...

Group 1 - The 2026 CCTV Spring Festival Gala featured several robot manufacturers, showcasing the growing integration of robotics into mainstream entertainment and signaling potential investment opportunities in the embodied intelligence industry [1] - Companies like Magic Atom, Galaxy General, Yushu Technology, and Songyan Power are part of a collaborative ecosystem, with some firms investing in key players while others act as core suppliers or strategic partners [1] - Despite optimistic expectations, many companies identified as "concept stocks" reported that their robotics-related businesses are still in the market development phase, contributing minimally to current performance [1] Group 2 - ChipLink Integrated (688469.SH) has a strategic partnership with Magic Atom and is involved in the production of laser radar components for robotics, with mass production expected in Q1 2026 [2] - Xiaxia Precision (001306.SZ) has identified Magic Atom as a potential client and has developed precision gears and reducers for humanoid robots, with some products already supplied to well-known robotics companies [2] - Tianqi Co., Ltd. (002009.SZ) established a joint venture with Galaxy General to advance the application of embodied intelligence robots in industrial manufacturing, with both companies holding a 50% stake [3] Group 3 - Junyi Digital (301172.SZ) has formed a dual relationship with Galaxy General through equity investment and a partnership agreement to promote robotics in specific vertical industries [3] - Shoucheng Holdings (00697.HK) is a significant investor in Songyan Power and has supported multiple rounds of financing, focusing on the robotics sector [3] - Shengshi Technology (002990.SZ) signed a strategic cooperation agreement with Songyan Power to create a collaborative system across the entire value chain of research, production, and market [4] Group 4 - Companies like Weilan Lithium (002245.SZ) and Nasda (002180.SZ) have established supply relationships with Yushu Technology, contributing to the production of lithium batteries and other components [4][5] - The 2025 Spring Festival Gala showcased humanoid robots, leading to a surge in the robotics industry, but the sustainability of this growth remains uncertain [6] - Companies such as Hongchang Technology (301008.SZ) and Xiaxia Precision have expressed cautious optimism regarding market growth, noting that many clients are still in the sample and small-batch order stages [7] Group 5 - Green Harmonic (688017.SH) reported significant growth in its precision transmission device business, indicating a shift from research to small-scale production in the robotics sector [8] - Liard (300296.SZ) is involved in the embodied intelligence business, providing services to leading robotics manufacturers, although this segment currently represents a small portion of its overall revenue [8] - Meihu Co., Ltd. (603319.SH) is expanding into the embodied intelligence sector while maintaining its traditional automotive parts business, with new projects underway for major robotics clients [8]