Taiwan Economic Daily reported that Nissho Taiyo Yuden, the world's fourth-largest multi-layer ceramic capacitor (MLCC) factory, sent a letter to its customers. Its factory in Malaysia, which mainly supplies Apple, was affected by the epidemic. Part of the manufacturing process will be suspended from now until September 10. People in the industry believe that at the time when Apple’s new products are sourcing, Taiyo Yuden must dispatch the production capacity of other factories to make up for the amount of apples that should have been supplied by the Malaysian factory, which will disrupt the pace of its MLCC supply. Yageo (2327), Huaxinke, etc. Taiwanese factories are expected to benefit.
The legal person pointed out that the epidemic disrupted the global supply of MLCC, making the market supply situation even tighter. In the second half of the year, client orders will not show signs of slowing down. It will also help support the price of MLCC, plus the transfer order effect. , Huaxinke and other Taiwanese factories increase their performance.
The supply chain revealed that it received a letter from Taiyo Yuden stating that the company’s Malaysian plant will be suspended until September 10 due to some employees contracting the new crown pneumonia. Confirm the details and evaluate the impact of this incident on operations.
Murata ceased production earlier than last week
In addition, the global MLCC leader Murata's factory in Echizen City, Fukui Prefecture, Japan, was also suspended until August 31 due to employee infections, and expanded nucleic acid testing targets. Since the Fukui Plant is one of Murata's main bases for passive component MLCC production in Japan, the supply of MLCC is simultaneously affected.
Murata Manufacturing Co., Ltd. announced on the 25th that the main production base of its MLCC "Fukui Murata Manufacturing Co., Ltd." has been infected with a cluster of new crown pneumonia, considering the health and safety of employees and preventing the spread of the epidemic. Work was suspended for a week during the period.
Murata said that the first confirmed case of new coronary pneumonia occurred at Fukui Murata Manufacturing Co., Ltd. on the 3rd. As of the 24th, the cumulative number of confirmed cases reached 98 (including third-party employees).
According to the information on Murata's official website, Fukui Murata Manufacturing has 4,800 employees and two factories, namely the Takebu Plant (4,049 employees) and the Miyazaki Factory (751 employees).
Japanese media pointed out that Murata said that after the suspension of work at the Takebu Plant, the impact on supply is under investigation, customer supply will be covered by inventory, and it is considering using Shimane Prefecture or overseas factories to replace production.
The report pointed out that MLCC is used in all electronic devices such as smart phones. Murata is the world's leading MLCC factory with a market share of 40%. If the downtime of the Murata plant is extended, it may affect the production of a wide range of products such as smart phones.
Murata Manufacturing Co., Ltd. announced on July 29 that high-level demand for computers and related equipment is expected to continue as customers in the automotive industry increase inventory in order to increase production in the future. In addition, benefiting from the depreciation of the yen and the sharp increase in profits last quarter, this year (April 2021 to March 2022) The consolidated revenue target has been revised from the April estimate of 1.66 trillion yen to 1.73 trillion yen, the consolidated profit target has been revised from 320 billion yen to 365 billion yen, and the consolidated net profit target has been revised from The 240 billion yen was revised up to 271 billion yen, and revenue, operating profit, and net profit will all set a record high.
Murata estimates that this year's capacitor division (mainly MLCC) revenue will increase by about 20% annually, which is better than the estimated annual increase of about 11%.
Last quarter (April to June) Murata's capacitor division revenue increased by 40.7% from the same period last year to 189.3 billion yen; capacitor orders surged by 90.5% to 22,848 million yen.
In response to the current market conditions, Yageo stated that the current market conditions are stable. It has previously increased the capacity utilization rate to satisfy customers, and the client's inventory is also at a healthy level. As the epidemic continues to spread in Southeast Asia and affects global market supply, the client's current priority for passive components is the stability of supply.
Samsung Electro-Mechanics’ new MLCC products for carts are coming up aggressively
South Korea’s Samsung Electro-Mechanics (SEMCO) has recently launched two new automotive multilayer ceramic capacitors (MLCCs) used in advanced driver assistance systems (ADAS). It is expected that automotive MLCCs will grow in the second half of the year. Taiwanese factories including Yageo and Huaxinke are also continuing to expand their automotive MLCC production capacity.
Previous：
Next ：