After the Epidemic, Orders for Electronic Components Soared Three Times

In early 2020, COVID-19 disrupted our life and work and disrupted the normal rhythm of the electronics industry.

As we all know, the semiconductor component market has periodic volatility, and the three factors of production capacity, market and emerging demand constantly affect each other, making the supply of the component market achieve a dynamic balance.

However, the epidemic in 2020 artificially separated the supply chain and market demand, coupled with the continuous emergence of trade frictions in the global market, resulting in a chaotic situation in the supply chain.

According to the report of Gartner, a data research firm, the global smartphone sales in the first half of 2020 were 594 million, while the global smartphone sales in the first half of 2019 were 746 million, a decrease of more than 20%. From April to may, the price of mobile phone panel continued to decline, the price of a-Si / LTPS smartphone panel decreased by about $0.1 $0.2, and the price of AMOLED smartphone panel decreased by $0.5 $1.0. Gartner believes that affected by the covid-19 epidemic, smartphone sales fell for two consecutive quarters this year, mainly due to the intensification of economic uncertainty in many parts of the world in March and the closure of many smartphone manufacturing plants.

At the beginning of the epidemic, the sudden increase in demand in the medical electronic market caught manufacturers and supply chains unprepared. The surge in orders for frontal temperature guns, ventilators, oximeters and virus detection equipment made relevant components experience a surge.

However, with the improvement of epidemic control, the main electronic manufacturing factories have returned to normal, the demand of the industry has erupted again, and the supply of components has been tight and the price has increased again. The mobile phone and automobile industry recovered, the inventory level was low, and the demand went up again. The agents made great efforts to replenish the inventory, and the delivery period of main components such as resistors was greatly extended. The delivery period is extended from 4 6 weeks to 8 10 weeks, especially the resistance and discharge resistance of large-size wafers above 0603, which are expanded by no one, and spread down to common mobile phone materials such as 0402 and 0201.

The National Day holiday is coming, and the stock tide before the holiday may force EMS factory to replenish its inventory next month.

There are about seven to eight large Chinese agents, which are the main force for non direct customers of chip resistors or MLCC factories. With the lifting of the ban in mainland cities, the PMI index has rebounded to more than 50, industrial production has resumed operation, and the demand for feeding has increased greatly. The passive component factories believe that the orders of Chinese agents have turned positive, which represents that the prosperity has recovered to some extent.

In August, the orders of Chinese agents for resistors increased greatly, and the order quantity in one month even reached three times the average value of the past three months, resulting in insufficient production capacity of manufacturers and insufficient inventory of agents. It is estimated that if you place an order now, you need to get the goods from September to October.