Murata is again affected by the epidemic, and the supply of high-end MLCCs is even tighter
Jan 18,2022
According to MoneyDJ reports, Murata, the world's leading MLCC factory, is located in an MLCC factory in Japan. Due to the outbreak, more than 100 employees have been infected, resulting in the shutdown of some production lines. The market expects that Yageo, Huaxinke, Heshentang and other manufacturers will welcome Transfer order.
In this regard, Murata said that the impact of this wave of shutdowns due to the epidemic is not large; Murata’s production capacity in Japan accounts for about 40% of the total, and Fukui accounts for about 75% of Murata’s production capacity in Japan. The one-week shutdown in August last year affected Murata San One-half of the production capacity, and there was no obvious effect of order transfer or price increase at that time.
Murata further stated that the first quarter has always been the off-season for passive components, and the chances of transferring orders or even increasing prices are not high; although Murata’s high-end applications such as automotive and industrial control are in short supply, only part of the production has been suspended. The capacity utilization rate of Yageo’s special products is full, the delivery time is long, and the short-term benefit is not high. At this stage, the market is showing a situation where special products are hot and general products are cold, and the overall industry may gradually recover after the Spring Festival.
However, there are still market analysts who believe that since Yageo's high-end special products currently account for about 75% of its revenue, it has the highest overlap with Murata customers, and high-end high-end customers such as automotive and industrial control require a long time Certification, Yageo may be the biggest beneficiary of Murata's transfer orders due to the impact of the epidemic.
It should be pointed out that although the passive component industry has been in the stage of long and short material and inventory adjustment since the fourth quarter of last year, high-end applications continue to be in short supply.
Murata further stated that the first quarter has always been the off-season for passive components, and the chances of transferring orders or even increasing prices are not high; although Murata’s high-end applications such as automotive and industrial control are in short supply, only part of the production has been suspended. The capacity utilization rate of Yageo’s special products is full, the delivery time is long, and the short-term benefit is not high. At this stage, the market is showing a situation where special products are hot and general products are cold, and the overall industry may gradually recover after the Spring Festival.
However, there are still market analysts who believe that since Yageo's high-end special products currently account for about 75% of its revenue, it has the highest overlap with Murata customers, and high-end high-end customers such as automotive and industrial control require a long time Certification, Yageo may be the biggest beneficiary of Murata's transfer orders due to the impact of the epidemic.
It should be pointed out that although the passive component industry has been in the stage of long and short material and inventory adjustment since the fourth quarter of last year, high-end applications continue to be in short supply.