Japan's Strong Earthquake Causes Short-term Price Increases for Electronic Components

The massive earthquake in Japan has affected the operation of dozens of semiconductor factories, raising fears that this will lead to a shortage or increase in the prices of various widely used semiconductor components, especially for best-selling products such as smartphones and tablet computers. Flash chip. According to Isuppli (a research company in the area of ​​ideas), in 2010, Japan’s semiconductor output accounted for more than 20% of the global market share.

Specifically, according to the judgment of Changjiang Securities, according to the degree of impact of the sub-industry chain, the earthquake caused a certain impact on the fabs (Xin Viet) and Toshiba's memory and CMOS factories in the northeast region of Japan. In the short term, it will cause memory DRAM. Products and some high-end chips, as well as the shortage of digital optics and rising prices.

Another major influence is passive devices. Japan is the world's largest producer of RCL and quartz devices. Although this earthquake did not seriously endanger the local production plants, it caused a shortage of electricity and raw materials, and indirectly affected the production of passive device factories.

Analysts' judgments that price fluctuations in the short term will benefit domestic related sectors: Hua Microelectronics (600360), Tai Chi Industrial (600667), Lihe (000532), Changjiang Electronics (600584), Silan Micro (600460), Shanghai Belling (600171). Changjiang Securities highlights Jianghai (002484).

Yesterday, some analysts also pointed out that post-disaster reconstruction will have a positive impact on the overall electronics industry, particularly consumer electronics, green energy, clean energy and other related areas. In addition, the earthquake will, to a certain extent, accelerate the process of the outflow of production capacity of Japanese large companies.