Just after New Year's Day, the passive component manufacturers and giants acted quickly and opened the curtain of price increases with lightning speed. According to news from the supply chain, Guoyi, a distributor of Guoju, has issued a price increase notice, and the price of resistors has risen by 10% to 15% . In addition, the demand is too large and the capacity is in short supply. Wangquan, a resistor manufacturer under Guoju, has stopped thick film resistors from taking orders. The specific time for resuming orders has not yet been determined.
The entire message looks quite explosive. I always feel that the scene of the surge in passive components in the past two years will be reappeared, but it is not. Mantianxin dug out the relevant content carefully and found that although the first shot of the passive component price increase in was fired in 2020, it did not hit .
First look at the content of suspending orders and price increases:
Notice of the increase was issued by Guoyi Electronics, a subsidiary of Guoju. The specifications above 0603 and above 15%, and the specifications below 0402 and above 10%, with an average increase of about 12%.
notice of suspension of order acceptance was issued by Wangquan. The email stated: Due to the decline in inventory water level, orders continued to flow in, and the production capacity was insufficient, and the thick film resistor suspended order acceptance.
As for why this shot was not fired enough, you can carefully sort it out.
First of all, the price increase notice was issued by Guoji Electronics, a subsidiary of Guoji, and Guoyi raised the price increase for non-direct sales customers. According to Mantianxin, Guoyi only raised the price of some customers this time, and about 2/3 of the customers have adjusted, but mainly based on the specifications with too low profits and lower prices than the average price.
Look at the resistors again. Since Japanese factories began to fade out of these large-sized resistors, Korean factories basically do not produce resistors very much, so Taiwanese manufacturers such as Guoju have a greater say. In terms of production capacity, Guoju's current resistance capacity has not expanded after it has expanded to 120 billion, while Wangquan's production capacity is about 36 billion and Dayi's production capacity is about 30 billion. Although Wangquan suspended orders for thick film resistors this time, the price did not directly increase, and the production capacity rate was about 70% to 75%, and there was still room for growth. Moreover, compared with MLCC, the value of resistors is not high, and the entry threshold is much lower. Wangquan's suspension of orders does not necessarily have a big impact.
In addition, whether passive components rise or not is more important to look at the dynamics of the EMS factory. As Mantianxin has seen so far, the rise in the original resistors and capacitors seems to be only revolving around the distributors and agents, and the price for EMS factory is still not moving at all.
Regarding the suspension of orders and price increase of its subsidiaries, Guoju responded that it would not comment on market rumors. Prices were determined by the supply and demand mechanism. It would look at market demand in the first quarter of this year and would make every effort to increase capacity utilization to meet customer needs.
Mantianxin believes that in the years when passive components skyrocketed and plummeted, original factories such as Guoju have become quite thrifty. Everyone has tacitly controlled their production capacity, and even used the reason why they could not recruit workers. In other words, instead of opening for full capacity and being bargained by customers, it is better to control the production capacity and stabilize the price of . If it is out of stock, it will still skyrocket, wouldn’t it be wonderful!
Relatively speaking, the melon-eating crowd has also learned from past experience. All major factories are stocking up their own goods and getting as much as they use. does not serve as a buyer . A reader told Mantianxin that the goods I stocked up before had not been digested and wanted to trick me into stocking up.
Finally, Mantianxin felt that if the demand is so large, the production capacity cannot be increased a little? Is Guoju really so short of workers? It’s not enough for you to be a family of roasted goods. You’ve been spreading news of price increases and shortages all year round. Can’t you expect the market to be more stable? Some public accounts have also become accomplices of the Chinese giants. Fortunately, most people have kept their eyes open. In addition, mainland resistor manufacturers wake up quickly. These low-end large-size resistors can be controlled by Guoju. What are you doing?
