Fenghua Hi-Tech is the largest chip resistor factory in the mainland. The multilayer ceramic capacitor (MLCC) products ranks the eighth largest in the world, and it is the largest single shareholder of the domestic thin film chip resistor factory. This year, it actively followed the price increase of Taiwanese manufacturers.
Although Fenghua Hi-Tech announced a big increase in product prices, yesterday, the mainland stocks were hit to a limit, the market to 'Lite's exhausted' to see the Fenghua Hi-Tech price increase.
This wave of passive component group stocks fell sharply, which was caused by the huge shareholder selling in the country, which affected the investor's confidence. In addition, a few days ago, Tianfeng Investment analyst Guo Mingxi delivered a speech that MLCC will be out of stock until 2020, but next year MLCC The increase in supply will change the investment climate and cause another selling pressure for the short-term.
From the operational fundamentals, passive component manufacturers generally believe that from the perspective of MLCC, aluminum electrolytic capacitors, solid capacitors, chip resistors, etc., the shortage and price increase trend has not changed at the end of the year.