The Chip Resistance Gap Does Not Lose Mlcc, And The Supply And Demand Of Q2 Will Be More Tense

Following a heavy warning from MLCC maker Murata, it announced that some of its MLCC products will be reduced by 50% in 2017 and prices will increase. Product order price increases will take effect immediately (March 2). The news makes the downstream customers panic chip resistance stock preparation, detonated ahead of stocking tide, the major chip resistor factory orders influx.

Difficulties in the chip resistance material prices, exchange rate fluctuations and rising labor costs and other pressures, prices began to reflect upward at the beginning of this year. In terms of manufacturing cost of chip resistors, Nipponbashi is not as competitive as Taiwanese manufacturers, so it is accelerating the shift of production capacity to the automotive market. Coupled with the fact that about 5% to 7% of other manufacturers shift their production capacity to vehicles, Without additional capacity, capacity emergencies this year have been expected, after the second quarter is more nervous chip supply and demand.

Passive components industry pointed out that due to the resistance of the large production capacity less, even South Korea's Samsung are not related to the layout area, it seems the severity of resistance out of stock will not lose to MLCC.

Chip resistance plant pointed out that the reasons for the shortage of resistance from the imbalance between supply and demand structure. The current machine delivery up to 8 months or more, in the absence of expansion for many years, almost no new capacity.

Chip resistance plant evaluation, although that wave of stocking tide does not rule out the possibility of stockpiling, but because the overall chip resistance production capacity did not increase, want to store a large number of goods can not get more than double the current 1% Is to digest the manufacturer's inventory, into the peak season after the client completely digested store goods is easy.

Resistance plant said that the global chip production capacity of about 360 billion, Giant is the largest, monthly production capacity of more than 90 billion, while KOA, Vishay, Panasonic, Rohm and other four companies about once a month as much capacity.

It is reported that, compared with the MLCC, the resistance process is relatively easy, from feeding to output time is also shorter than the MLCC, but it also means chip resistance capacity conversion speed will be faster. As Japanese companies are actively turning their production capacity into vehicles, other manufacturers are also able to put their vehicles into production. The leading Giant's technology in automotive resistance is higher than that of MLCCs. Capacity switching is only a matter of deciding how much to invest. Last year, Japan's manufacturing capacity was 5% less Feel may not be deep, this year if you cut 5% to the car, no additional capacity for the supply and demand structure is worse.

Chip resistance of the safety stock is declining, China giant, Wang Quan are in the vicinity of 30 days, or even less than 30 days, the entire industry an average of about 50 days. However, after the end of March, the inventory sharp decline will be significant. In particular, the resistance of the resistance, parameters and items are more than MLCC, the classification of small-scale, more likely to form the length of the material situation, which will be EMS plant preparation material form a major challenge.

Chip resistance industry to Taiwan as a good city, the city accounted for up to 60 to 70%, Rohm, Vishay, KOA and Panasonic total monthly capacity of about a giant, capacity small scale, with no Samsung layout resistance, delivery capacity for large producers Not much, this does not include the upper reaches of the ceramic substrate can not get the goods variable. Worries about the industry, with the approaching peak season, the difficulty of relieving resistance shortage outweighs the MLCC.