Passive Components Blog
No Result
View All Result
  • Home
  • NewsFilter
    • All
    • Aerospace & Defence
    • Antenna
    • Applications
    • Automotive
    • Capacitors
    • Circuit Protection Devices
    • electro-mechanical news
    • Filters
    • Fuses
    • Inductors
    • Industrial
    • Integrated Passives
    • inter-connect news
    • Market & Supply Chain
    • Market Insights
    • Medical
    • Modelling and Simulation
    • New Materials & Supply
    • New Technologies
    • Non-linear Passives
    • Oscillators
    • Passive Sensors News
    • Resistors
    • RF & Microwave
    • Telecommunication
    • Weekly Digest

    Bourns Releases High Inductance Common Mode Choke

    Vishay Releases Automotive TO-220 Case 50W Thick Film Power Resistor

    High Energy Density Polymer Film Capacitors via Molecular and Interfacial Design

    Bourns Releases High Clearance and Creepage 1500VDC Power Transformer

    KYOCERA AVX Expands Stacked MLCC Capacitors Offering

    Murata and QuantumScape Joint Development for Solid Batteries Ceramic Separators

    YAGEO Unveils Compact 3.6kW LLC Transformer for OBC EV Charging

    Over-Voltage Protection Clippers, Clampers, Snubbers, DC Restorers

    KYOCERA Releases Shielded Board-to-Board Connectors for Reliable EMI Protection

    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
    • Circuit Protection Video
    • Filter videos
    • Fuse videos
    • Inductor videos
    • Inter-Connect Video
    • Non-linear passives videos
    • Oscillator videos
    • Passive sensors videos
    • Resistor videos

    Connector PCB Design Challenges

    Efficient Power Converters: Duty Cycle vs Conduction Losses

    Ripple Steering in Coupled Inductors: SEPIC Case

    SEPIC Converter with Coupled and Uncoupled Inductors

    Coupled Inductors in SEPIC versus Flyback Converters

    Non-Linear MLCC Class II Capacitor Measurements Challenges

    Percolation Phenomenon and Reliability of Molded Power Inductors in DC/DC converters

    Root Causes and Effects of DC Bias and AC in Ceramic Capacitors

    How to Calculate the Output Capacitor for a Switching Power Supply

    Trending Tags

    • Capacitors explained
    • Inductors explained
    • Resistors explained
    • Filters explained
    • Application Video Guidelines
    • EMC
    • New Products
    • Ripple Current
    • Simulation
    • Tantalum vs Ceramic
  • Knowledge Blog
  • Suppliers
    • Who is Who
  • PCNS
    • PCNS 2025
    • PCNS 2023
    • PCNS 2021
    • PCNS 2019
    • PCNS 2017
  • Events
  • Home
  • NewsFilter
    • All
    • Aerospace & Defence
    • Antenna
    • Applications
    • Automotive
    • Capacitors
    • Circuit Protection Devices
    • electro-mechanical news
    • Filters
    • Fuses
    • Inductors
    • Industrial
    • Integrated Passives
    • inter-connect news
    • Market & Supply Chain
    • Market Insights
    • Medical
    • Modelling and Simulation
    • New Materials & Supply
    • New Technologies
    • Non-linear Passives
    • Oscillators
    • Passive Sensors News
    • Resistors
    • RF & Microwave
    • Telecommunication
    • Weekly Digest

    Bourns Releases High Inductance Common Mode Choke

    Vishay Releases Automotive TO-220 Case 50W Thick Film Power Resistor

    High Energy Density Polymer Film Capacitors via Molecular and Interfacial Design

    Bourns Releases High Clearance and Creepage 1500VDC Power Transformer

    KYOCERA AVX Expands Stacked MLCC Capacitors Offering

    Murata and QuantumScape Joint Development for Solid Batteries Ceramic Separators

    YAGEO Unveils Compact 3.6kW LLC Transformer for OBC EV Charging

    Over-Voltage Protection Clippers, Clampers, Snubbers, DC Restorers

    KYOCERA Releases Shielded Board-to-Board Connectors for Reliable EMI Protection

    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
    • Circuit Protection Video
    • Filter videos
    • Fuse videos
    • Inductor videos
    • Inter-Connect Video
    • Non-linear passives videos
    • Oscillator videos
    • Passive sensors videos
    • Resistor videos

    Connector PCB Design Challenges

    Efficient Power Converters: Duty Cycle vs Conduction Losses

    Ripple Steering in Coupled Inductors: SEPIC Case

    SEPIC Converter with Coupled and Uncoupled Inductors

    Coupled Inductors in SEPIC versus Flyback Converters

    Non-Linear MLCC Class II Capacitor Measurements Challenges

    Percolation Phenomenon and Reliability of Molded Power Inductors in DC/DC converters

    Root Causes and Effects of DC Bias and AC in Ceramic Capacitors

    How to Calculate the Output Capacitor for a Switching Power Supply

    Trending Tags

    • Capacitors explained
    • Inductors explained
    • Resistors explained
    • Filters explained
    • Application Video Guidelines
    • EMC
    • New Products
    • Ripple Current
    • Simulation
    • Tantalum vs Ceramic
  • Knowledge Blog
  • Suppliers
    • Who is Who
  • PCNS
    • PCNS 2025
    • PCNS 2023
    • PCNS 2021
    • PCNS 2019
    • PCNS 2017
  • Events
No Result
View All Result
Passive Components Blog
No Result
View All Result

Passive components leadtime reduce but falling profits challenge manufacturers

2.9.2019
Reading Time: 3 mins read
A A

Source: Fierce Electronics article

After an extended period of long lead times and robust demand, suppliers of passive components such as capacitors, resistors and inductors are now bearing the brunt of a weakening electronics market that is manifesting itself in slackening sales of electronics goods and prompting suppliers to lower quarterly forecasts.

RelatedPosts

Bourns Releases High Inductance Common Mode Choke

Vishay Releases Automotive TO-220 Case 50W Thick Film Power Resistor

High Energy Density Polymer Film Capacitors via Molecular and Interfacial Design

As electronic product design cycles typically involve the specifying and design-in of passive, interconnect, and electromechanical components later than semiconductors, suppliers of those parts typically feel an industry downturn a bit later. Unfortunately, that also means they will likely experience any upturn at a later point.

One of the largest passive component suppliers, Vishay Intertechnology Inc., reported that its sales of $685.2 million in the quarter ended June 30, tumbled from $745.2 million the previous quarter and $761.0 million in the second fiscal quarter a year ago. Net earnings were $44.5 million or 31 cents per diluted share, compared to $75.5 million, or 52 cents per diluted share, and $103.1 or 65 cents per diluted share for the fiscal quarters ended March 30, 2019, and June 30, 2018, respectively.

The results prompted Vishay to cut $15 million in annualized costs, including some reported headcount reductions, across its global workforce.

“In the second quarter, high levels of inventories in the supply chain led to lower than expected demand, mainly from distribution, which negatively impacted Vishay’s financial performance,” said Gerald Paul, Vishay’s president and chief executive, in a statement. “We are now in the process of adapting manufacturing capacities and capital expenditures to short-term volume requirements. We announced global cost reduction and management rejuvenation programs to lower Vishay’s fixed personnel costs by $15 million annualized at a cash cost of $25 million.”

Vishay’s third quarter forecast is bleak. Paul stated, “For the third quarter we expect an acceleration of the reduction of inventories in the channel and guide for revenues in a range of $600 to $640 million and gross margins of 24% to 25%, at the same exchange rates as in the second quarter.”

Rival passive component supplier AVX Corporation also saw a downturn in its most recent quarter. AVX Chief Executive Officer and President John Sarvis, said in a statement, “We completed the first quarter of our 2020 fiscal year with net sales of $401.8 million, down 8.5% compared to the previous quarter and down 11.5% from the same quarter last year, reflecting extended inventory levels in the supply chain for commodity products and a weaker global market for electronic components.” Net income for the June quarter was $54.7 million, or 32 cents per diluted share compared to $56.0 million, or 33 cents per diluted share a year ago.

“Our various distribution channels experienced weaker activity as inventories remain extended,” Sarvis added. “The economic environment is in flux, and uncertainties with respect to international relations and trade regulations continue to put pressure on the global economy.”

Results were a bit better for AVX and Vishay’s rival, Kemet Corporation. Kemet reported sales of $345.2 million in its June fiscal quarter, up 5.4% over the same prior year fiscal quarter. GAAP net earnings were $40.3 million or 68 cents per diluted share, compared to $35.2 million or 60 cents per diluted share in the year-ago quarter.

Kemet president William M. Lowe Jr. attributed the results to sales of higher margin products such as high capacitance, large case ceramic capacitors, and the company’s growing line of polymer capacitors.

Japan-based TDK Corporation saw passive component sales in its most recent fiscal quarter of 98.3 billion yen, down 12% year to year. TDK said sales of ceramic capacitors, aluminum electrolytic and film capacitors, and inductive components all declined from year-ago levels, largely due to weaknesses in markets such as automotive and industrial.

One effect of slowing sales has been an easing of severe shortages for many passive components. According to data from the Electronic Components Industry Association (ECIA), average lead times for capacitors that hovered around 20 weeks for much of the second half of last year and early next this year are now averaging 16 weeks. Likewise, resistors which saw lead times of 22 weeks are also down to 16 weeks, according to the ECIA (see chart below).

Related

Recent Posts

Bourns Releases High Inductance Common Mode Choke

16.10.2025
4

Vishay Releases Automotive TO-220 Case 50W Thick Film Power Resistor

16.10.2025
3

High Energy Density Polymer Film Capacitors via Molecular and Interfacial Design

15.10.2025
8

Bourns Releases High Clearance and Creepage 1500VDC Power Transformer

15.10.2025
9

KYOCERA AVX Expands Stacked MLCC Capacitors Offering

14.10.2025
21

YAGEO Unveils Compact 3.6kW LLC Transformer for OBC EV Charging

13.10.2025
117

Silicon Capacitors Market: Shaping the Foundation for Next-Gen Miniaturization Electronics

10.10.2025
42

YAGEO Releases Compact Coupled Inductors for High-Density VR Designs

9.10.2025
27

Enhancing Energy Density in Nanocomposite Dielectric Capacitors

9.10.2025
33

Advances in the Environmental Performance of Polymer Capacitors

8.10.2025
62

Upcoming Events

Oct 17
12:00 - 14:00 EDT

External Visual Inspection per MIL-STD-883 TM 2009

Oct 20
October 20 - October 23

Digital WE Days 2025 – Virtual Conference

Oct 21
October 21 @ 12:00 - October 23 @ 14:15 EDT

Space and Military Standards for Hybrids and RF Microwave Modules

View Calendar

Popular Posts

  • Buck Converter Design and Calculation

    0 shares
    Share 0 Tweet 0
  • Boost Converter Design and Calculation

    0 shares
    Share 0 Tweet 0
  • Flyback Converter Design and Calculation

    0 shares
    Share 0 Tweet 0
  • LLC Resonant Converter Design and Calculation

    0 shares
    Share 0 Tweet 0
  • Ripple Current and its Effects on the Performance of Capacitors

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

    4 shares
    Share 4 Tweet 0
  • SEPIC Converter Design and Calculation

    0 shares
    Share 0 Tweet 0
  • Dual Active Bridge (DAB) Topology Explained

    0 shares
    Share 0 Tweet 0
  • MLCC and Ceramic Capacitors

    0 shares
    Share 0 Tweet 0
  • Flying Capacitors

    0 shares
    Share 0 Tweet 0

Newsletter Subscription

 

Passive Components Blog

© EPCI - Leading Passive Components Educational and Information Site

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

No Result
View All Result
  • Home
  • Knowledge Blog
  • PCNS

© EPCI - Leading Passive Components Educational and Information Site

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