Yageo Corporation (TAIEX: 2327 TW) Posts 14.2% Decrease in April 2012 Consolidated Sales

Yageo Corporation (TAIEX: 2327 TW), a Taiwanese corporation that manufactures capacitors, resistors and inductors, and employs 9,400 people worldwide announced consolidated sales results for April 2012.

With consolidated sales reported May 4th, 2012, of NT$2.120MM Yageo experienced a 5.1% decrease in sales month on month from March (NT$2.233MM) and a 14.2% decrease in sales year on year from this time April 2011 (NT$7.695MM YTD vs. $8.964MM).

Reported sales showed increases in NAFTA and Asia Pacific (AP) and decreases in China and Europe.  The Telecom sector reportedly had the greatest appreciable gains in the time period.

Additional resources:

Yageo

 

 

IPDiA and CEA-Leti Announce New Capacitance Density Target (1uF/mm2)

Utilizing 3D metal-insulator-metal capacitor structures, CEA-Leti and IPDiA (France) utilized their common lab arrangement to develop a new process based on depositing medium-K dielectrics to achieve capacitance densities of 550nF/mm2.

CEA-Leti and IPDiA were funded under the PRIIM initiative (Platform for the Realization of shared Industrial Innovation) by OSEO to develop a process for increasing capacitance density on 3D structures. Atomic Layer Deposition (ALD) was utilized to achieve conformal coating in high aspect ratio geometries and control thicknesses at the atomic level. A capacitance density of 550nF/mm2 was achieved while keeping leakage and parasitic effects at levels similar to a lower density process previously demonstrated. They unveiled their results at the Device Packaging Conference in Scottsdale/Fountain Hills, Arizona (USA) in March 2012.

PICS (Passive Integration Connecting Substrate) high-density capacitors take advantage of increased surface area in the 3D structure without increasing the footprint of the capacitor. The demonstrated stability with regards to temperature, voltage, and aging in addition to reliability and low ESR/ESL makes the PICS technology an alternative to discrete components – especially in high reliability applications. Applications that can benefit from competitive performance in a smaller volume include: medical, harsh environments, automotive, communications, industrial, defense, and aerospace.

Intrinsic applications that can immediately benefit from these demonstrated improvements include DC/DC converter, IC decoupling, MEMS, integrated sensors, memory sticks, and smartcards. The next steps are to develop the technology for market deployment in next generation 3D products. IPDiA and CEA-Leti are continuing development with PICS as they seek to achieve 1uF/mm2.

Additional Resources:

IPDiA Press Release

CEA-Leti News

OSEO

MedTech Insider

Silicon Semiconductor

Photo Courtesy IPDiA

Matamec Explorations Inc. and Toyota Partner on Rare Earth Minerals Exploration

In February, 2012, Matamec and Toyota signed an MOU to do due diligence and feasibility studies for a joint venture for mining heavy rare earth materials in Quebec at the Kipawa deposit (1,000 hectares) on the Zeus property (17,678 hectares).  In December of 2011, Matamec (Canada) [TSX-V:MAT and MHREF] announced the early stages of the partnership with Toyota Tsusho Corporation (Japan) [8015:TTC].  Specific minerals of interest include yttrium-zirconium-niobium-tantalum and could potentially include gold, base metals and platinum group metals.

In response to China’s dominance in mining rare earth minerals combined with its ability to impact raw materials prices by reducing exports, companies and countries have aggressively been seeking alternative supplies and substitutes.  Rare earth materials are used for many of the things that generate and consume energy. Thus, increased prices in rare earth materials are cause concern for leaders of nations given the potential ripple effects of reduced supply.   In fact, the United States, the EU and Japan have gone so far as to complain to China about their policies of restricting export of the raw materials needed around the globe.   China provided its justification for the quotas.

Toyota has committed over $1.5 million (Canadian) for exploration of the Kipawa deposit. A June 27, 2012 deadline is in place to determine whether or not Toyota and Matamec will join in a formal joint-venture to pursue additional exploration and mining. $316 million (Canadian) is expected to be needed to complete the exploration and mining effort. With proprietary processing technology, Matamec could potentially be producing as early as second quarter 2016.

Read more:

TANTALUM: World Market Outlook: 2012-2017

Matamec Explorations IncPreliminary Economic Assessment (PEA)

Toyota Tsusho Corporation

The Gold Report

MineWeb

Montreal Gazette

 

 

Laser Tek Taiwan Co. Ltd, Supporting Smartphone and Tablet Growth in 2012

Laser Tek Taiwan Co. Ltd (Chairman Gary Cheng) supplies materials and equipment (including laser trimmers and cutting machines) used in the production of chip resistors.  With increasing demand for miniaturized package sizes (0201 and 01005) in smartphones and tablets and the associated increase in demand for functionality in these devices, Laser Tek is well positioned to provide needed technology and grow their sales for the year.

Sales growth for Laser Tek is expected to be on the order of 20% as chip resistor companies increase production to meet increasing demand.  Laser Tek supplies equipment to companies in Japan, Korea and China.  Laser Tek also supplies SMD Packaging Materials, SMT Equipment, Laser Equipment, LED Tapping machine, IS services and LED Lamps.

Related resources:

Reuters

Bloomberg BusinessWeek

Laser Tek – Taiwan

Laser Tek – Singapore

DigiTimes

Research In China

Note: Image from Laser Tek website

China Reviewing Anti-Dumping Duty for Electrolytic Capacitor Paper from Japan

On April 17, 2007 The Ministry of Commerce of the People’s Republic of China issued an announcement that they had decided to levy anti-dumping duty on imports of paper for electrolytic capacitor originating from Japan.  The term of the duty was put in place for a period of five (5) years to be reviewed April 18, 2012.

On April 18, 2012, after requests from the electrolytic capacitors industry in China to continue the measures, The Ministry of Commerce of the People’s Republic of announced their plan to review the anti-dumping duty on imports of paper for electrolytic capacitor from Japan in announcement No. 15, 2012.  They may determine to extend the anti-dumping measures if they believe that removing the duty would result in continued dumping.

Industry expert Dennis M. Zogbi at Paumanok Publications, Inc., commented, “Capacitor paper is very important part of Aluminum Electrolytic Capacitor and very special part of industry. I will be keeping an eye on the decision by The Ministry of Commerce and implications on the supply chain.”

No official date has been mentioned for the release of the final review decision, however, the measure was due to expire on Wednesday, April 18, 2012.

Related articles:

Aluminum Capacitors: World Markets, Technologies & Opportunities: 2010-2015

Capacitor Foil: Global Market Outlook: 2008-2013

Ministry of Commerce – China

Xinhua

China Daily

Global Passive Component (Capacitor, Inductor, Resistor) Market and Lead Times in FY2013

Based on industry expert estimates*, global market dollar value for FY2012 (ending March 31) is expected to decrease by 7%.  The decrease correlates with the earthquake in Tohoku in March of 2011 and flooding in Thailand in October 2012.  Market numbers are expected to come back in line in the June quarter when inventories will require replenishing to satisfy supply chain demand. (*Source: Paumanok Publications, Inc.)

Raw materials providers are increasingly the links in the supply chain to keep an eye on.  Their ability to recover from damaged facilities in the wake of the natural disasters will play a big role in the ability for manufacturers to meet demand in the coming year(s).    Material providers key to the supply chain include:   electrolytic liquids, titanium materials, barium compounds and etched foils.

Highly correlated with the growth of electronic products is the growth of passive components including capacitors, resistors, and inductors. The increases in global demands and global markets for these products is also producing an increase in demand for passive components.  In fact, one might argue that increased functionality for consumers and the ever changing standards and product configurations is driving a greater increase in the need for passive components.  Markets that are expanding and driving increased demand for passives include, but are not limited to:  smartphones, tablet computers, automobiles, commercial aircraft, medical electronics, LED lighting and oil and gas services industries around the world.  These market expansions are negatively affected by the economic situation of many large countries that consume electronics (US and Europe).  Net net, the market is expected to expand.

Watch as lead times are effected in 2013 by distributors around the world (including Asia) replenishing their inventories to fulfill their ever expanding global roles in supporting companies manufacturing consumer goods.

Related articles:

Passive Electronic Components: World Market Outlook: 2012-2017 (ISBN# 1-893211-99-1-2012)

TTI MarketEye

PRWeb

Murata to Acquire RF Monolithics, Inc.

Murata Manufacturing Co., Ltd. supplies passive electronic components.

Murata announced on April 14, 2012 that Murata Electronics North America, Inc., will acquire RF Monolithics, Inc. for cash. RF Monolithics (NASDAQ:RFMI) common shareholders are expected to receive $1.78 per share.

Murata’s strategy in acquiring RF monolithics is to leverage its entries (and wireless expertise) into healthcare, energy and industrial markets. The combined expertise should allow Murata to offer more valuable solutions to wireless customers globally.

Murata is a trademark of Murata Manufacturing Co., Ltd.  RF Monolithics is a trademark of RF Monolithics, Inc.

Related articles:

Murata Webpage

RF Monolithics Webpage

MarketWatch

Vishay Schedules 2012 Annual Stockholder’s Meeting – May 24 in Philadelphia, PA

Vishay Intertechnology, Inc., manufacturers discrete semiconductors (diodes, MOSFETs, and infrared optoelectronics) and passive electronic components (resistors, inductors, and capacitors).

Vishay (NYSE: VSH) will hold its Annual Meeting of Stockholders at 10:30am Eastern Time Zone on May 24, 2012 at the Rittenhouse Hotel, 210 West Rittenhouse Square, Philadelphia, Pennsylvania 19103. It will also be webcast live at http://ir.vishay.com.

Vishay began mailing the required notice, called the “Notice of Internet Availability of Proxy Materials,” to stockholders on or about, April 5, 2012. The proxy materials are available for viewing, free of charge, on the Internet, at http://ir.vishay.com.

Vishay is a trademark of Vishay Intertechnology, Inc.

Related articles:

Vishay Website

NYSE:VSH

MarketWatch

Murata, Taiyo Yuden, and Samsung Receive Intel Preferred Quality Supplier Awards

Murata is a manufacturer of multi-layer ceramic capacitors, inductors, wireless modules and other passive electronic components.
Taiyo Yuden Co., Ltd. is a supplier ceramic capacitors, inductors, and filters.
Samsung Electro-Mechanics Co., Ltd. is a  supplier of flip chip substrates.

Of 19 companies receiving the Preferred Quality Supplier awards from Intel, Murata Manufacturing Co., Ltd.,  Taiyo Yuden Co, Ltd., and Samsung Electro-Mechanics Co., Ltd. were recognized as a key suppliers and more specifically for their performances in 2011 for supply of component elements which are critical for the high performance and reliable functioning of Intel’s devices.

To achieve such an award, a supplier’s performance is judged on cost, quality, availability, technology, environmental, social and governance goals.  Awarded companies recognized the significance the awards and emphasized their commitments to continue to be vigilant about quality.

An awards celebration will be held in Santa Clara, CA and announced on the Intel webpage.

Intel is a trademark trademark of Intel Corporation.  Murata is a trademark of Murata Manufacturing Co. Ltd.  Taiyo Yuden is a trademark of Taiyo Yuden Co., Ltd.  Samsung is a trademark of Samsung Electro-Mechanics Co., Ltd.

Related articles:

4-Trader.com

TheStreet.com

Active Crowd at CARTS International 2012

CARTS International 2012

CARTS International brought together technical expertise from around the globe in one integrated conference representing the passive electronic components industry.    Experts shared their expertise and exchanged ideas with their peers and manufacturers.

With more than 40 papers, CARTS International was the place to be for application-oriented technical information – including tutorials, seminars, and provoking insights from a variety of thought leaders.  There was a blend of engineering, design and marketing.  If passive components engineering and applications are your area of responsibility, this is a symposium you should consider.

Keynote presentations were given by:

Keynote and technical presentations at CARTS 2012 were very well attended throughout the event.  Keynote presenters included (and pictured above):

Chuck Richardson from iNEMI  spoke about roadmapping “The Future” and activities from various committees.  He also noted that there is need for others to join and to make sure that there is additional representation in topics across the industry.

Andrew Rassweiler from iSuppli spoke about “The Feasibility” and activities of his firm related to component counts.  He noted the finding that is an increased use of passive components – especially when new features are added and different configurations are offered to consumers.

Dennis Zogbi from Paumanok Publications spoke about “The Facts” and provided market data and trends that generated quite a bit of discussion. Dennis made the case for raw materials being a driving force in component availability in the future.

The full program can be found here.

For more information, and to sign up for CARTS 2013, please contact:

Electronic Components Industry Association
1111 Alderman Drive, Suite 400
Alpharetta, GA 30005
Phone: 678.393.9990
Fax: 678.393.9998
Email