diff --git a/platform/broadcom/sai.mk b/platform/broadcom/sai.mk
index fb96cf54e8..2458a67ce7 100644
--- a/platform/broadcom/sai.mk
+++ b/platform/broadcom/sai.mk
@@ -1,4 +1,4 @@
-LIBSAIBCM_XGS_VERSION = 4.3.7.1-7
+LIBSAIBCM_XGS_VERSION = 4.3.8.1
 LIBSAIBCM_BRANCH_NAME = REL_4.3_202012
 LIBSAIBCM_XGS_URL_PREFIX = "https://sonicstorage.blob.core.windows.net/public/sai/bcmsai/$(LIBSAIBCM_BRANCH_NAME)/$(LIBSAIBCM_XGS_VERSION)"