July 16 news, according to the "Economic Daily News" reported, benefit from the smartphone and PC market demand pick up and the traditional peak season is coming, superimposed silver prices have risen more than 30% since this year, Japan passive components manufacturers Murata, TDK and other are brewing to increase the price of products, the price of products will initially lock the accumulation of inductors, magnetic beads and other products, up to 20%. For the passive component industry in recent years rare large price increases.

Reported that the passive components industry after more than a year of inventory adjustment period, the recent inventory has returned to a healthy level, customers to replenish inventory, and meet the traditional peak season, to promote the demand for related passive components. In addition, the sharp rise in the price of silver is also the key reason for the price increase of laminated inductors and magnetic beads.

It is understood that silver accounts for the cost of laminated inductors and magnetic beads as high as 60%, because the silver price has risen nearly 40% this year, even if the recent slight correction, statistics since the beginning of the year still rose 35%, greatly pushing up the cost pressure of manufacturing laminated inductors and magnetic beads.

The data shows that inductance is one of the three essential basic components in the electronic circuit. Its working principle is that when the wire passes through the alternating current, the alternating magnetic flux is generated inside and around the wire. The magnetic field line will prevent the change of the original magnetic field line, so as to have the functions of filtering, oscillation, delay, trap, etc. It can screen signal, filter noise, stabilize current and restrain electromagnetic interference.

Inductors are also divided into many types, to the laminated inductor, its characteristics have magnetic shielding, no electromagnetic interference trouble, and can effectively curb the high-frequency vibration on the circuit, very suitable for high-density assembly circuit design, according to different sizes, widely used in consumer electronics, even servers.

Magnetic beads use ferrite design and laminated process, impedance value changes with frequency, that is, high impedance at high frequency, has better high-frequency filtering characteristics, effective suppression of noise interference, also imported into such as mobile phones, tablets, laptops, power supplies and other terminal products.

In response to the new mobile phone manufacturers in the second half of the year, coupled with the gradual recovery of the PC market, while facing the cost pressure caused by the rise in silver prices. First-line manufacturers including Murata, TDK, etc., plan to increase the price of laminated inductors and magnetic beads, and it is expected that large sizes will first increase in price, an increase of about 10% to 20%.

Research data show that the global inductor industry concentration is high, mainly to Murata, Sun inductor, TDK and other Japanese inductor manufacturers, accounting for 40%-50% of the global market share, the three major Japanese manufacturers have long occupied the leading position in the electronic components industry. TDK and Murata are also the world's top two manufacturers of Chip Ferrite Beads, with a combined market share of more than 30%.

Given the leading position of Japanese manufacturers such as TDK and Murata in the inductor and magnetic beads market, they are the first to raise prices on related products, which may lead other manufacturers to follow.

In addition to the Japanese manufacturers brewing price increases, the Taiwan inductor manufacturer Guoju Group's Qilixin, Huaxin Technology Group's Jiabang, Taiqing technology's related product lines are also likely to increase. Similarly, domestic passive original manufacturers Shunlu Electronics, Maijie Electronics, Fenghua High-tech, etc., are also expected to benefit from this round of price increases.

On July 10, Fenghua High-tech released a performance forecast that the company is expected to achieve a net profit attributable to shareholders of listed companies of 185-235 million yuan in the first half of 2024, an increase of 117.47%-176.25%.