Yageo to lift 2Q21 quotes for MLCCs, chip resistors
Jane Wang, Taipei; Willis Ke, DIGITIMES
Passive parts vendor Yageo has confirmed it is going to increase its second-quarter quotes for commodity-type MLCCs and chip resistors and can proceed its quarterly pricing coverage.
The firm didn’t disclose the extent of the worth changes, however provide chain sources estimated the hikes at 10-20%, which shall be relevant to main EMS and ODM purchasers in addition to model distributors engaged in direct gross sales, not simply confined to channel distributors.
Yageo has reported that its 2020 revenues soared 63.8% on yr to NT$67.672 billion (US$793.75 million), and its internet earnings for the yr jumped 86.9% on yr to NT$12.98 billion.
Yageo’s annual revenues for 2021 are anticipated to problem NT$100 billion, as its US capacitor subsidiary Kemet acquired in mid-2020 will contribute full-year revenues to its monetary assertion and the synergies from its strategic alliance with Foxconn will begin to repay within the yr, other than the commercialization of its new tantalum capacitor capability in second-half 2021, the sources stated.
Yageo stated its product portfolios and buyer bases have undergone structural adjustments since its acquisitions of protecting parts vendor BrightKing, US wi-fi electronics parts maker Pulse and capacitor specialist Kemet in 2018-2020, making its shipments and pricings much less affected by financial cycles.
Besides persevering with upgrades of its commodity-type choices, Yageo harassed it is going to step up improvement of niche-type functions together with high-spec automotive electronics, aerospace, healthcare, 5G and IoT sectors, in search of to additional enhance its market shares within the segments.
