Recently, another big mobile phone manufacturer mentioned the lack of core. Lu Weibing, a partner of Xiaomi Group and senior vice president of the group, said that the impact of the lack of core will last for at least a year, while the mobile phone industry is most short of processor chips, screen driver chips and power management chips.
This phenomenon has also been confirmed in the operation of wafer generation factories. Zhao Haijun, joint CEO of SMIC, also talked about the power management chip (PMIC) and driver IC, on the Q1 performance conference a few days ago. he said that at present, mature production capacity is still very tight, of which 0.15 amp 0.18 micron PMIC is the most; while the demand for high-voltage driven IC is also rising rapidly.
Barrel effect of material preparation under the difference between supply and demand scissors
The demand in the downstream market is high, but the supply of components in the upstream is insufficient, and the degree of material shortage in Q2 is more serious than that in Q1. Short-term production capacity is difficult to release, Hon Hai, SMIC and other upstream manufacturers have expressed their willingness to be powerless, and the lack of core will last at least until the end of the year.
Downstream demand continues to increase upstream raw materials and contract manufacturing costs, wafer foundry and closed test plant capacity is full, rising prices are still difficult to stop customers from issuing orders; and downstream designers also have varying degrees of delivery extension and price increases.
The research report released by Wang Lingtao and Shen Qian team of Pacific Securities pointed out that from the point of view of consumer terminals, the shortage of chips has become the biggest obstacle to electronic manufacturing, while the shortage is mainly concentrated in PMIC, RF components, driver IC, CIS and MCU. Although the supply of many products is secure, it is difficult to expand sales due to the shortage of the above-mentioned components.
Industry insiders said that under the shortage of driving IC resources, high-quality resources will give priority to mobile phone manufacturers, while small factories will face a more severe survival test. Next year, the industry may usher in a new round of reshuffle.
The rise in volume and price is good for local manufacturers.
Since last year, power management IC has been out of stock and price increase phenomenon one after another. Jingfeng Mingyuan issued two price increase letters last month, and Groupon and LSMC also announced price increases one after another.
The out-of-stock situation that drives IC is not optimistic either. According to Omdia statistics, last year showed that the total demand for driving IC showed double-digit year-on-year growth, reaching 8.07 billion.
In order to deal with the shortage, Xiaomi, Apple, OPPO, vivo and other mobile phone brands are planning ahead of time, and they plan to sign a panel purchase contract with Samsung Display in April this year. TSMC and Fuhong Chuangxin have also raised the price of chips such as IC.
Under the magnanimous demeanor of the industry, the relevant manufacturers have achieved revenue growth one after another.
The combined revenue of the local leading SMIC international camera, special storage and power management chip platform Q1 increased by 20% compared with the same period last year. The revenue of panel high-voltage drive IC Q1 of process nodes such as 50nm and 40nm has doubled compared with the previous year.
The revenue of power management IC manufacturers Ming Microelectronics and Jingfeng Mingyuan Q1 increased by 134.9% and 124.24% compared with the same period last year.
In addition, Silipu, Huarun Weiwei, Xinpenwei, Shengbang shares, Wentai Technology, Xin Wanda and other related tracks are expected to benefit in the future.
