Not only that, Hongguan Electric will now expand its four product lines and expand its application of new products. It will gradually shift its terminal applications from the PC market to LED lighting, industrial computers and electric vehicles and other related applications to get rid of the PC market recession.
Hongguan Electric announced that its consolidated revenue for May was RMB 85.11 million, which was a monthly increase of 17.1%, and reached a new high for 43 months, an increase of 39% over the same period of last year. Accumulative consolidated revenue for the first five months of this year reached RMB 378 million. 29.7%, writing the highest performance over the same period of the calendar year.
The legal person pointed out that Hongguan Electric has been arranging MOSFET market for several years and has developed several products. At the same time, it has been favored by customers in mainland China, which has led to significant growth in shipments of power ICs and high-voltage large-amperage MOSFETs. From the current situation, orders have been placed. It will be expected to flourish all the way to the third quarter, and monthly revenue will have the opportunity to maintain its current strong level. Hongguan Electric does not comment on the estimated financial figures of legal persons.
Hongguandian used to dominate the PC market. PC-based products accounted for 70% of revenue. However, as the global PC market gradually declined, Hongguan Electric's electric operation also declined simultaneously. Hongguan Electric also turned to other fields to reduce PC shipments. Bring shocks.
According to the Hongguan Electric Annual Report, the company is currently developing high-precision, high-efficiency power supply control ICs, mobile device integrated power management ICs, standby power management ICs, and niche-type power split components. Among them, high-efficiency power supply control ICs In addition to the continuous deployment of the mature PC market, it is also targeting the growing server market.
As for mobile devices, they are targeting Type-C, USB-PD and other products, including integrated controllers and synchronous rectifier controllers. Hongguan Electric pointed out that advanced packaging processes will be used to integrate peripheral components of the system to improve operational efficiency. Reduce product size.
Hongguan Electric stated that in the future, new products in the four major areas are expected to expand the existing PC product line to LED lighting, home appliances, industrial computers, electric vehicles and various types of electronic products. Legal persons are optimistic and the new product layout is widely praised by the client. , It is expected that it will be able to win orders by the end of this year, and it will start shipping in volume next year.