Jiwei.com News (Text/Xiaoshan) According to Juheng.com, the revenue of the frequency component factory Jingtech has been rising month by month since the beginning of this year. Driven by the growth of network and NB applications, the market supply and demand gap still exists in the first half of the year. Chairman Lin Wanxing pointed out that under the continuous signing of long-term supply agreements by Jingtech customers, Jingtech also targets the key components of TCXO in high-end miniaturized products, including metal cover plates, substrates, etc., to obtain long-term supply of Japanese merchants, which is conducive to business stability.
(Photo source: Juheng.com)
Crystal Technology has successively completed long-term supply contracts with clients, in addition to seasonal NB, mainland China and the United States mobile phone demand, Lin Wanxing is optimistic about medium- and long-term trends such as 5G communication infrastructure. Judging from the past trend of 3G to 4G, the growth rate of market demand will increase significantly next year, and Japanese businesses continue to close factories. The market development will be positive in 2021, so the company decided to sign a long-term supply agreement with the raw material supply chain.
Currently, frequency component manufacturers include Jingji, Xihua, etc., are actively expanding their niche products. In the second quarter, there will be demand for NB and tablet computer products, and benefit from 5G commercial transfers in the second half of the year, and order visibility will be high.
(Proofreading/Jurnan)
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