IC design In the second quarter, many manufacturers were affected by China's lockdown, which put pressure on their operating performance. The market also expects that the traditional peak season in the third quarter will gradually return to the growth track. However, power management ICs (PMICs) are still in short supply in the short term. Therefore, operations in the second quarter are relatively supportive.
related manufacturers include Zhixin, Maoda, Silicon Power-KY, etc.
From the supply side, although some 8-inch wafer foundries have experienced loosening, due to cost and other considerations, the foundries are behind in PMIC production, and if the process used by PMIC is switched to the 12-inch process Costs and the time required to convert to must be taken into consideration. Therefore, the overall analog IC market supply is still relatively tight.
From the demand side, consumer electronics products have been weak, but they have maintained growth in the automotive, communications, industrial and other fields. In addition, new opportunities also come from the gradual withdrawal of consumer electronics from major international manufacturers Texas Instruments (TI). In the market, the trend of order transfer to Taiwanese manufacturers continues, as well as the development of new applications, which also makes the order visibility longer than that of ordinary IC design manufacturers.
Industry executives pointed out that because the analog IC business model is subject to product verification and security issues, the industry type will not experience explosive growth, but will develop steadily year by year. For IC design manufacturers, He said that technological innovation and product line expansion are the keys to steadily beautifying and gaining market share.
Applications such as communications and automobiles are in high demand, but they also need to pass many verifications. As for the development of Silicon Power-KY's product line, it focuses on the American Texas Instruments and mainly high-end products. At present, Silicon Power-KY's automotive-related product line has been expanded to include three major areas: electronic control, electric drive , and battery, and is targeting electric vehicles or power hybrid vehicles. This year's automotive-related revenue will account for 3%, and it is expected next year In the future, it will reach 5%, and the target for the year after next will be 10%.
In addition, since automotive products are more difficult to replace than other products, although the short-term auto market is still uncertain, it is an emerging growth momentum for Silicon Power-KY. The base period of is low, so the growth rate is still clear.
As for Maoda, in addition to continuing to deepen its efforts in the PC field, it has also continued to launch a number of new products, and has planned a clear product line blueprint to make contributions year by year. For this year, DDR5, Netcom, Mini LED, server , automotive, etc. are all the focus.
Since DDR5 products have been moved to memory modules in addition to motherboard solutions in the past, the ASP has doubled compared with the previous generation products. Therefore, for PMIC, it is necessary to send samples to CPU and DRAM factories. The technical threshold is relatively high, and the subsequent market is also It is optimistic that DDR5 will be mass-produced in high-end commercial and e-sports models this year. After the supply increases, sports performance will also be increased.
has been shipping regional dimming products for DDR5 and Mini LED TVs in small quantities since the fourth quarter of last year, and shipments are expected to gradually increase this year. In addition, starting from the second quarter of this year, it is expected that the supply of and Broadcom will gradually become smoother. Therefore, new products are expected to begin mass production and shipment in the near future, adding to subsequent marketing capabilities.
In addition to Maoda's PMIC product line, fan motor driver IC is also a product line with growth potential. Mainly, the high-end notebook will switch from 1 fan to 2 fans, and it is expected to be used by the end of the year. Start shipping products for servers, develop product lines and applications, and launch related products for automotive products in the second half of the year, which is expected to increase mid- to long-term operating performance.
Another manufacturer that also has a firm grip on DDR5 and VCORE converters is Zhixin, which has a promising market. Since the VCORE converter is connected to the CPU, cooperation with each other is very important. It also requires a certain amount of time to ferment and gradually establish a cooperative relationship with customers. , market share is also expected to increase, increasing medium and long-term momentum.
Overall, the PMIC market is expected to continue to be in short supply. While there is more noise in the market in the second quarter, it is also a relatively small segment with strong quarterly growth. The current prices are mostly stable, and the second half of the year will enter the peak season for traditional industries. After that, business performance will usher in the peak season. The key lies in the extent of the increase in supply. We should also continue to observe changes in the general economic environment in the future.
