According to TrendForce, TrendForce, as the power management chip (PMIC) is a short material in the shortage of semiconductors, the trend of price increases has continued so far. It is estimated that the average selling price (ASP) in 2021 will increase by nearly 10% annually, setting a record in the past six years. Highest.
From the perspective of the global supply chain, the current power management chip production capacity is mainly controlled by IDM manufacturers, including TI, Infineon, ADI, STMicroelectronics, NXP, ON Semiconductor, Renesas, Microchip, ROHM (Maxim has been acquired by ADI and Dialog is Renesas acquisition); IC design companies such as Qualcomm, MediaTek (MTK), etc. have also obtained part of the production capacity in the hands of foundry industry, and TI has a leading position, and the above companies account for more than 80% of the market.
From the perspective of product structure, with the continuous increase in demand for consumer electronics, communications, industrial control, and automotive terminals, coupled with product changes driven by industrial transformation, the use of power management chips in the global market has increased significantly. Consumer electronics products are the most widely used field of power management chips. Although the demand for laptops, Chromebooks, smartphones, and TVs has recently experienced noise, a few simple-structured products such as low-dropout linear regulators (LDOs) have indeed slowed down. However, due to the structural increase in the demand for power management chips in electronic products, some models are still in short supply. Among them, Qualcomm and MTK are limited by the shortage of mature process capacity of foundry, and their own power management chips are also quite tight.
In addition, under the recovery of the auto market, electric vehicles, automotive electronics, and ADAS have grown rapidly, and the technical requirements for power con