Automotive rectifier diode maker Actron Technology is establishing a manufacturing facility in Taiwan to provide MOSEFT and IGBT to be used in electrical autos (EVs) and hybrid EVs, with completion scheduled for year-end 2020 and manufacturing to start in first-quarter 2021, in response to the corporate.
Actron has began manufacturing of solenoid valves for ABS (anti-lock brake programs) at a brand new manufacturing facility in Qingdao, northern China, primarily delivery to Belgium-based Wabco Vehicle Control Systems, in response to trade sources. Actron is more likely to produce MOSEFET and IGBT additionally on the Qingdao plant sooner or later.
Actron has a world market share of 53% for normal automotive diodes, firm chairman and CEO MK Lu famous. Due to weak international demand for brand spanking new vehicles in first-half 2019, Actron’s automotive diode shipments within the first quarter fell wanting expectation, Lu mentioned. However, as a consequence of necessities of carbon reductions for environmental safety and hike in automotive turbines’ working effectivity, demand for LLDs (low-loss quick restoration diodes) and tremendous LLDs is rising, Lu indicated.
As hybrid EVs and EVs take up solely 6% and three% respectively of worldwide automotive demand at present, demand for MOSEFET and IGBT may be very small in the meanwhile, Lu famous. While the proportion of worldwide car demand for gasoline vehicles will drop from over 85% in 2020 to 65% in 2025 and to 40% in 2030, Actron expects continued development in automotive diode cargo sooner or later, Lu indicated. This is as a result of US- and Japan-based worldwide auto part makers are rising outsourced manufacturing of automotive diodes or have even stopped manufacturing as a consequence of much less competitiveness in manufacturing price, with Actron acquiring a big proportion of such orders arising from its passing certification by many automakers, Lu defined.
Actron posted consolidated revenues of NT$808.6 million (US$26.2 million), gross margin of 30.62%, internet working revenue of NT$105.5 million, internet revenue of NT$100.1 million and internet EPS of NT$1.34 for first-quarter 2019. The firm has reported consolidated revenues of NT$248.5 million for April, reducing 12.87% sequentially and 15.73% on 12 months, and people of NT$1.057 billion for January-April, dipped 11.03% on 12 months.
Actron chairman and CEO MK Lu (proper) and president George Wu
Photo: Shihmin Fu, Digitimes, May 2019
