China Resources Microelectronics Says BCD Customer Demand Full in First Half, Capacity in Short Supply
China Resources Microelectronics reported strong BCD demand and tight capacity in the first half, leading to multiple price adjustments and improved gross margins. The company plans further price adjustments in the second half, considering market supply-demand and rising silicon wafer costs.
China Resources Microelectronics said in its latest institutional survey that its BCD process broadly covers the full voltage range from 1.8V to 1200V, making it a distinctive technology platform for the company. In the first half of the year, BCD customer demand was full, and capacity was in short supply. The company has implemented multiple rounds of price adjustments for different customers, further improving its gross margin level.
In the second half of the year, the company will formulate a reasonable price adjustment plan based on market supply and demand and its own order situation. At the same time, considering the increase in raw material silicon wafer costs in the second half, the company will also pass on the price increase.
Why this event matters
The event has a measured impact on 3 industrys. The strongest current signal is positive for Electronic Components, with intensity 80/100 and 75% confidence over a short term horizon.
Electronic Components
- Direction
- positive
- Intensity
- 80
- Confidence
- 75%
- Horizon
- Short term
Batteries & Energy Storage
- Direction
- positive
- Intensity
- 60
- Confidence
- 70%
- Horizon
- Short term
Power Equipment
- Direction
- positive
- Intensity
- 50
- Confidence
- 65%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.