Electronics News 10/11/2021
Eletronics News Highlights by EPI
Major component manufacturers continue to raise prices
Xilinx will increase the prices of all current and future orders, all quotes and all shipments made on and after November 1st, 2021. The price of Xilinx's VersalTM series will increase by 10%, and all other products will increase by 20%.
STMicroelectronics will increase the price of all product lines, including existing backlog, during the last Quarter of 2021. Regarding the extent of the price increase and the specific implementation date, STMicroelectronics did not disclose in the notice. This is the 3rd price increase in 2021 of STMicroelectronics.
Molex has decided to increase the prices of all special pricing products by at least 7% from October 1, 2021. Orders shipped before October 1, 2021 will be traded at the old price. All shipments after October 1, 2021 will be invoiced at the new price. Molex did not clarify what is the so-called special pricing product, but said it is updating the price list and will send it to customers.
China’s Power Outrages Prompt the PCB Industry
As a result of surging coal prices, toughening emissions standards and other factors, China’s manufacturing hubs are gripped by a wave of power cuts, as the Chinese government introduced power rationing. The move is a significant blow to the ongoing global chip shortage crisis, especially when the world’s printed circuit boards (PCB) industry is mostly concentrated in Asia, specifically Taiwan(global market leader with 34% market share), China (28.4%), and Japan (16.9%).
With approximately 60% of its PCB production capacity in China, the latest wave of power cuts will certainly impact Taiwan’s PCB industry in the short term, delaying product deliveries. The global electronics industry should also brace for further supply chain disruptions in Q4, given the unstable nature of China’s power supply market.
Ranked: The Top 10 EV Battery Manufacturers
With increasing interest in electric vehicles (EVs) from consumers, the market for lithium-ion EV batteries is now a $27 billion per year business. High demand has boosted battery manufacturers’ profits and brought heavy competition to the market. And by 2027, the market could further grow to $127 billion as consumers embrace more affordable EVs.
Besides being a manufacturing powerhouse of vehicle parts, Asia is fast becoming a hotbed for innovation in the battery sector.
No wonder, the top 10 EV battery manufacturers by market share are all headquartered in Asian countries, concentrated in China, Japan, and South Korea.