TrendForce’s latest survey shows
that due to the shortage of materials in the semiconductor industry, the price of power management IC (PMIC) has been on the rise. It is estimated that by 2022, the average price (ASP) of global power management IC will rise by 10%, a record high in six years.
Judging from the current product structure, consumer electronics, telecommunications, industrial control equipment, automotive terminals, and other fields all have a continuous demand for PMICs, and various products have driven a substantial increase in demand. The largest application area of PMIC is consumer electronics. Laptops, Chromebooks, smartphones, and TVs are in strong demand. This is structural growth. At present, Qualcomm and MediaTek-related products are affected by insufficient production capacity. As related foundries will not be able to further increase their production capacity until the second half of 2022, it is expected that the supply in the first half of 2022 will still be tight.
In the automotive field where chip supply has serious problems this year, as the demand for electric vehicles, in-vehicle electronic equipment, and advanced driver assistance systems (ADAS) has grown, the demand for power control and management has also increased. The chips used in automobiles have relatively strict requirements and need to pass multiple tests and inspections to ensure consistency and a low failure rate. Orders for automotive chips from foundries have been squeezed until the end of 2022, and production is currently operating at full capacity. At the same time, it is still affected by factors such as shortages of raw materials from time to time.
PMIC now generally has a very long lead time, about 12 to 26 weeks for electronic consumer products, and 40 to 52 weeks for automotive products. PMIC now generally has a very long lead time, about 12 to 26 weeks for electronic consumer products, and 40 to 52 weeks for automotive products. TrendForce predicts that in the fourth quarter of 2021, the industry’s demand for PMICs will remain strong, while prices will remain high. Earlier, there have been reports that the price of DDR5 memory has risen due to the fact that PMIC has been in short supply, and the lead time will be at least 35 weeks.