As the rise of various raw materials, the lighting industry has experienced a shortage of IC in 2021. Due to the global panic stockpile caused by the US sanctions on Huawei, the current shortage of switching power supplies has the following reasons:
1. On the demand side, LED demand growth hit a five-year high;
2. On the supply side, switching power supplies are power management ICs, which mainly rely on 8-inch Wafer capacity, which is also the hardest hit area for Wafer shortages. Currently the order of TSMC’s have been scheduled to the end of 2022, and Power Semiconductor’s chairman Huang said that since 2020, foundry prices have increased by 30-40%, supply and demand continue to be tight, and price increases will continue. 2022 The annual production capacity has been booked out by customers, and now it is booked for 2023.
Some organizations have made an analysis. From the perspective of supply, the capacity growth of 8-inch wafers has been limited in recent years. However, the demand for CIS, power management chips, etc. is increasing day by day, and the supply and demand situation will be further imbalanced. The LED lighting driver IC in the power tube is a representative of low unit price and winning by quantity. When the production capacity is tight, it can only be seen in the closeness of the cooperation between the company and the fab.
3. In addition, chip manufacturers usually adopt a "direct supply" strategy for large customers, and many small and medium-sized private enterprises have become the main body lacking "chips".
In the chip supply system, chip makers usually adopt a "direct supply" strategy for large customers, and large companies have more advantages in price and supply chain stability; small and medium-sized enterprises generally obtain chips through agency distribution channels, while chips are out of stock When prices increase, chip makers generally adopt a "preservation strategy", so small and medium-sized enterprises are more likely to fall into the predicament of lack of "cores" than large companies.
Relying on the strong automotive manufacturing background of Foryou Group, ADAYO lighting has become the direct supply list of IC manufacturers. In the first quarter, our company used IC inventory to achieve a delivery rate of 100%. In the second quarter, 20% of IC vacancies appeared. In the third quarter, our company will complete the delivery 100%. Thanks for the strong support from all of our customers. At the beginning of the year, we reserve electronic materials for one year according to customer forecasts. At present, we plans to reserve the first half of 2022 according to the production plan provided by IC suppliers. To ensure the production capacity and delivery time, especially make sure the material reserves are sufficient of our main products just like LED wifi bulb, DIY down light, 360 metal rotation down light and fireproof down light, so we are very happy to tell all customers that as long as you have an order, we can provide delivery as soon as possible.
