At the end of May, the passive device maker Guo Ju announced the acquisition of 100% equity of Pulse Electronics in the United States for US$740 million. It was considered as a strategic step for the country’s giant global market layout, and it attracted the attention of the industry. On June 11, Chen Taiming, chairman of China’s giant, stated at the Law Conference that PSI is a source of design from Google, Amazon, Cisco, and TESLA. The giant must play the World Cup. It must be designed from the source. In Taiwan, there are many industries that have good technology manufacturers in their own fields, and they are doing OEM work because of long-term development. Therefore, Guo Ju hopes to integrate more and better companies and provide more and more complete products. Service, regard the world as our market. The Japanese factory stops receiving orders, Guo Ju can eat 95% of the release country Giant is currently the world's third largest capacitor factory, With Japanese manufacturers turning to high-end products, release low-end orders , The giant is continuing to benefit. Chen Taiming said that the Japanese manufacturers release the list because there is no profit, not because of the low level of technology, these specifications have their technical threshold, not everyone can be connected. Japanese manufacturers released in the next two years 20 ~ 30 % of items, Giant can undertake 95%, without technical obstacles, Guoju will also expand the transfer orders issued by Japanese companies. Chen Taiming further pointed out that Japanese manufacturers expect to stop orders in March 2019. The market estimates that Japanese manufacturers will have 20 ~30% of product items are released, and Japanese product giants released by Japanese manufacturers can accept 95%. Before that, 2 to 3 Japanese manufacturers continued to release traditional products because of the high-end products such as onboard vehicles. In terms of technology, Chen Taiming believes that the imbalance between the supply and demand of laminated ceramic capacitors (MLCCs) is the result of industrial restructuring. In the past, customers slashed prices by 15 to 20% each year, resulting in no expansion of manufacturers and even withdrawal from the market; In the past, the plant strategically increased the price of high-capacity products to compensate for the medium-to-high-capacity deficit. At present, MLCC prices have risen back to the level of 7 years ago. Short, in the medium term, MLCC still maintains the supply gap, and the MLCC will maintain a relatively reasonable price in the future. Although Japanese companies have TDK, Kyocera and other companies have released the traditional market, but Murata has the most indicative. According to the statistics of the country, the Japanese manufacturers to reduce the size of the specifications cover the size of 0.1uF, 1uF, 4.7uF, 10uF, 22uF Chief Executive Officer of Guo Ju Wen said that these specifications are not low-level products that are not circulated without technical level. The reasons for Japanese companies to withdraw are not profitable, not because of the low level of technology. Not all MLCC plants in Greater China have the ability to undertake. Unbalanced supply and demand structure, 2020 According to market conditions, years ago, MLCCs reduced their prices by about 15% to 20% each year. When the prices were too low, many manufacturers did not want to expand their production or even withdrew from production. Now, some machinery and equipment have long delivery periods. After 18 months, the new capacity expansion speed is not catching up. At present, the factory of capacitor manufacturers is fully loaded, and Murata, the largest MLCC plant in the world, is also actively expanding production. Recently, Murata formally announced the expansion of production. Chen Taiming stated that the current MLCC imbalance in supply and demand is Adjustments to the industrial structure, many products withdrawn from Japanese manufacturers cannot be achieved by the same industry, but Murata's production expansion is mainly for vehicles, and from the completion of the plant construction, it is estimated that by 2020, it will not affect the current supply and demand situation. In the future, MLCC will maintain a relatively reasonable price. Even if Murata expands production capacity by 20% after the expansion, it will not meet market demand and will not affect the current supply and demand situation. In the gap, terminal applications represented by smart phones are in the greatest demand. In the past, a mid-range smart phone required 700 small-sized MLCCs, and the iPhone 7 had 850, and iPhoneX demanded 1,100 MLCCs. Then, can mobile phone customers be able to Change the design to reduce the application requirements of MLCC? Chen Taiming pointed out that changing the design is a technical issue. By reducing the function, temperature resistance, etc., it is hoped that the use of MLCC can be reduced by 20% to 30%. However, the operation is difficult. Take the mobile phone as an example. Has been to increase functionality to attract consumers, should not reduce the use of mobile phones to reduce the use of MLCC; As for the 0402 to 0201 out of stock, about 20% of consumer products can be a functional replacement, but this has PCB Board certification, there are doubts as to whether the reliability problem can be solved, because there is little chance of changing the design due to out of stock. As a whole, at present, Japanese capacitor manufacturers are unwilling to expand low-end production capacity because they are too low, and even quit. In the low-end market, the supply and demand of MLCCs are imbalanced. This adjustment of the industrial structure requires the delivery of machinery and equipment for a period of up to 18 months despite rapid expansion. Therefore, the current situation of supply and demand imbalances Short-term or even long-term are difficult to change, and will continue, MLCC out in 2020 basically no solution.
