• Latest
  • Trending
  • All
  • Capacitors
  • Resistors
  • Inductors
  • Filters
  • Fuses
  • Non-linear Passives
  • Applications
  • Integrated Passives
  • Oscillators
  • Passive Sensors
  • New Technologies
  • Aerospace & Defence
  • Automotive
  • Industrial
  • Market & Supply Chain
  • Medical
  • RF & Microwave
  • Telecommunication

Electronic Component Demand Weakens in Q1

14.3.2019

Snubber Capacitor Selection for SiC-Based Switching Converters

17.5.2022

Vishay Releases High Precision Compact Thin Film Wraparound Chip Resistor 

17.5.2022

TAIYO YUDEN Launches Wire-Wound Automotive Power Inductors

16.5.2022

Skeleton Announces Agreement with Polish ZPUE for Rail Energy Storage Solutions

16.5.2022
  • Home
  • Privacy Policy
  • EPCI Advertisement & Membership
  • About
No Result
View All Result
NEWSLETTER
Passive Components Blog
  • Home
  • NewsFilter
    • All
    • Aerospace & Defence
    • Antenna
    • Applications
    • Automotive
    • Capacitors
    • Filters
    • Fuses
    • Inductors
    • Industrial
    • Integrated Passives
    • Market & Supply Chain
    • Medical
    • New Materials & Supply
    • New Technologies
    • Non-linear Passives
    • Oscillators
    • Passive Sensors
    • Resistors
    • RF & Microwave
    • Telecommunication

    Snubber Capacitor Selection for SiC-Based Switching Converters

    Vishay Releases High Precision Compact Thin Film Wraparound Chip Resistor 

    TAIYO YUDEN Launches Wire-Wound Automotive Power Inductors

    Skeleton Announces Agreement with Polish ZPUE for Rail Energy Storage Solutions

    European Electronic Components Distribution Under Strong Demand and Allocation in Q1 2022

    Tecate Releases Small-Cell 3V Supercapacitors

    3D Systems to Deliver 3D Printed RF Components for Satellite Applications

    Kyocera to Build its Largest Plant in Japan for Crystals and Semiconductor Packages

    TDK to Build New Automotive MLCC Production Plant in Japan

    Trending Tags

    • Ripple Current
    • RF
    • Leakage Current
    • Tantalum vs Ceramic
    • Snubber
    • Low ESR
    • Feedthrough
    • Derating
    • Dielectric Constant
    • New Products
    • Market Reports
  • VideoFilter
    • All
    • Antenna videos
    • Capacitor videos
    • Filter videos
    • Fuse videos
    • Inductor videos
    • Non-linear passives videos
    • Oscillator videos
    • Passive sensors videos
    • Resistor videos
    • Sensors

    Soldering THT Components by SMD Reflow Assembly; WE Webinar

    Strain Gage Resistive Sensor Simulation; Vishay Video

    EMC Filters Explained – from Component to Design; WE Webinar

    How to Avoid EMI Noise on Data Cable by Isolated Power Module; WE askLorandt Video

    Introduction to Wireless Power Transfer; WE Webinar

    How to Pass Conducted Emissions Using Line Filters; WE Webinar

    EMI Debugging of a Low Power Buck Converter; WE Webinar

    Flat Wire Inductors for Electrical Cars; WE Webinar

    Ferrite Filter Features and Selection Guide; WE Webinar

    Trending Tags

    • Capacitors explained
    • Inductors explained
    • Resistors explained
    • Filters explained
    • Application Video Guidelines
    • EMC
    • New Products
    • Ripple Current
    • Simulation
    • Tantalum vs Ceramic
  • Knowledge Blog
  • Preferred Suppliers
  • Who is Who
  • Events
  • Home
  • NewsFilter
    • All
    • Aerospace & Defence
    • Antenna
    • Applications
    • Automotive
    • Capacitors
    • Filters
    • Fuses
    • Inductors
    • Industrial
    • Integrated Passives
    • Market & Supply Chain
    • Medical
    • New Materials & Supply
    • New Technologies
    • Non-linear Passives
    • Oscillators
    • Passive Sensors
    • Resistors
    • RF & Microwave
    • Telecommunication

    Snubber Capacitor Selection for SiC-Based Switching Converters

    Vishay Releases High Precision Compact Thin Film Wraparound Chip Resistor 

    TAIYO YUDEN Launches Wire-Wound Automotive Power Inductors

    Skeleton Announces Agreement with Polish ZPUE for Rail Energy Storage Solutions

    European Electronic Components Distribution Under Strong Demand and Allocation in Q1 2022

    Tecate Releases Small-Cell 3V Supercapacitors

    3D Systems to Deliver 3D Printed RF Components for Satellite Applications

    Kyocera to Build its Largest Plant in Japan for Crystals and Semiconductor Packages

    TDK to Build New Automotive MLCC Production Plant in Japan

    Trending Tags

    • Ripple Current
    • RF
    • Leakage Current
    • Tantalum vs Ceramic
    • Snubber
    • Low ESR
    • Feedthrough
    • Derating
    • Dielectric Constant
    • New Products
    • Market Reports
  • VideoFilter
    • All
    • Antenna videos
    • Capacitor videos
    • Filter videos
    • Fuse videos
    • Inductor videos
    • Non-linear passives videos
    • Oscillator videos
    • Passive sensors videos
    • Resistor videos
    • Sensors

    Soldering THT Components by SMD Reflow Assembly; WE Webinar

    Strain Gage Resistive Sensor Simulation; Vishay Video

    EMC Filters Explained – from Component to Design; WE Webinar

    How to Avoid EMI Noise on Data Cable by Isolated Power Module; WE askLorandt Video

    Introduction to Wireless Power Transfer; WE Webinar

    How to Pass Conducted Emissions Using Line Filters; WE Webinar

    EMI Debugging of a Low Power Buck Converter; WE Webinar

    Flat Wire Inductors for Electrical Cars; WE Webinar

    Ferrite Filter Features and Selection Guide; WE Webinar

    Trending Tags

    • Capacitors explained
    • Inductors explained
    • Resistors explained
    • Filters explained
    • Application Video Guidelines
    • EMC
    • New Products
    • Ripple Current
    • Simulation
    • Tantalum vs Ceramic
  • Knowledge Blog
  • Preferred Suppliers
  • Who is Who
  • Events
No Result
View All Result
Passive Components Blog
No Result
View All Result

Electronic Component Demand Weakens in Q1

14.3.2019
Reading Time: 3 mins read
0 0
0
SHARES
229
VIEWS

Source: EPS news

Demand for semiconductors and passive components showed signs of weakening in February—a trend that is expected to last through the first half of the year.

RelatedPosts

Snubber Capacitor Selection for SiC-Based Switching Converters

Vishay Releases High Precision Compact Thin Film Wraparound Chip Resistor 

TAIYO YUDEN Launches Wire-Wound Automotive Power Inductors

“Based on our findings, we believe the industry has yet to see a bottom as demand and bookings continue to weaken, as well as inventories continuing to rise,” said Technology Partners Consulting.

It’s an abrupt reversal from two years of widespread component shortages and allocated inventory. Of 18,000 industry experts surveyed by TPC, 72 percent expect weaker demand in Q1 versus the end of last year. For the second quarter of 2019, 35 percent expect slower growth from Q1. About one-third of respondents see Q2 as “subseasonal,” which is significantly weaker than the previous two years.

TPC said all its metrics point to a softer market and other data is a mixed bag. The industry’s two largest electronics distributors closed calendar 2018 with record sales but noted book-to-bill ratios declined in the fourth quarter of the year. The Institute for Supply Management reported new manufacturing orders in February had slowed from the prior month; and the Semiconductor Industry Association announced global chip sales in January declined.

Distributors, which carry hundreds of component suppliers, have considerable visibility into industry demand. So far, executives aren’t worried.

“We usually see [semiconductor cyclicality] three to six months later [than suppliers] which is usually an early indicator for an economic downturn too,” Michael Long, CEO of Arrow Electronics Inc., told investors in early February. “While we saw a little bit of a pause in bookings in Asia, the interesting fact that Asia is picking up again right now [means] we’re seeing things as stable.”

The SIA reported global semiconductor sales decreased 5.7 percent in January — to $35.5 billion–from $37.6 billion in January 2018. “Global semiconductor sales got off to a slow start in 2019, as year-to-year sales decreased in January for the first time since July 2016 and month-to-month sales were down across all major product categories and regional markets,” said John Neuffer, SIA president and CEO. “Following record sales over the last three years, reaching $469 billion in 2018, it seems clear the global market is experiencing a period of slower sales.”

Booking expectations for Q1 declined for 21 percent of TPC respondents. The outlook for Q2 doesn’t improve—26 percent of industry participants expect lower bookings.

Order cancellations are on the rise, according to the research firm; nearly half – 45 percent—of respondents said they saw more cancellations in February than in the prior month. That’s up from 42 percent in January and is a two-year high. TPC warned “it’s important to note that we saw an inflection downward in our historical data in late CY16 ahead of the demand turnaround in late CY16. We believe until the cancellation activity starts to reverse, we will not be at a bottom.”

featured image: semiconductor backlog order cancellations, source: TPC

Electronics distributors described their cancellations as “erratic.”

“Typically going into a downturn for us, we would start to see a big increase in cancellation rates and we’re not seeing that,” Long said. “And so that coupled with a positive book-to-bill we’d say yes, we’re looking pretty good going out there. But as you know we forecast out one quarter at a time and if we started seeing some changes, we’ll certainly address them when we have to.”

Order cancellations may be contributing to increased inventory levels, which 41 percent of TPC respondents experienced in Q1 2019. Availability is continuing to improve in all markets, the research firm said, with most previously allocated products now above normal inventory levels.

Distributors confirm some stabilization, but lead times are still “all over the map,” Phil Gallagher, president of Avnet Inc.’s electronic components business, told analysts in February. “Everyone is assuming the lead times are coming in due to some announcements to some large consumer companies. And frankly, we’re just not seeing that yet. Some of the capacitors, they might be stabilizing, but [we are still seeing] 38 weeks, 42 weeks, 30-plus weeks. It’s not like all those products are getting freed up. All indications for passives and resistors are lead times are going to stay up there for a little while.”

component pricing trend February 2019, source: TPC

Component prices are expected to decrease in Q2, according to 34 percent of TPC respondents. More than half of respondents–57 percent–expect pricing to generally be flat while only 9 percent expect it to increase.

Lower pricetags will depend on the component, however. The recent shortage enabled many suppliers to hike prices and phase out older technologies. Latest-generation devices will likely hold their value. For semiconductors, the long-term outlook remains promising, according to the SIA, due to the ever-increasing semiconductor content in a range of consumer products, artificial intelligence, virtual reality, the Internet of Things, and 5G.

TPC provides ECIA with a monthly report on a market trends survey administered by Glenn Hitchcock, TPC founder and president. The report provides results from a survey sent to 20,000 electronic industry professionals across the globe to assess their expectations for order activity and inventory levels.

 

Related Posts

Applications e-Blog

Snubber Capacitor Selection for SiC-Based Switching Converters

17.5.2022
6
Aerospace & Defence

Vishay Releases High Precision Compact Thin Film Wraparound Chip Resistor 

17.5.2022
5
Capacitors

Skeleton Announces Agreement with Polish ZPUE for Rail Energy Storage Solutions

16.5.2022
6

Popular Posts

  • Ripple Current and its Effects on the Performance of Capacitors

    3 shares
    Share 3 Tweet 0
  • What is a Dielectric Constant of Plastic Materials ?

    4 shares
    Share 4 Tweet 0
  • Why Low ESR Matters in Capacitor Design

    0 shares
    Share 0 Tweet 0
  • Capacitor Selection for Coupling and Decoupling Applications

    28 shares
    Share 28 Tweet 0
  • Understanding High-Precision Resistor Temperature Coefficient of Resistance

    0 shares
    Share 0 Tweet 0

Newsletter Subscription

 

  • Home
  • Privacy Policy
  • EPCI Advertisement & Membership
  • About

© 2021 EPCI - Premium Passive Components Educational and Information Site

No Result
View All Result
  • Home
  • News
  • Video
  • Knowledge Blog
  • Preferred Suppliers
  • Events

© 2021 EPCI - Premium Passive Components Educational and Information Site

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.