In a noteworthy announcement, Samsung, a key player in CIS components, foresees a substantial price hike with an estimated average increase of 25% in the upcoming first quarter, reaching up to 30% for specific products. This can change the landscape of CIS component market which shows a new cycle of price hikes and potential industry shifts.
CIS component Market Shifts
Amid this surge, distributors Qingya and Supreme, closely linked to CIS components, are poised to reap the benefits of this development. Previously hampered by lackluster consumer demand, the CIS component market is now bouncing back, propelled by this price increase, indicating a positive trend on the horizon.
Chinese mobile phone brands have played a pivotal role in driving increased demand in the smartphone market during the latter half of the year. Samsung’s announcement adds more to this dynamic, as they maintain themselves for a 25% average price increase in the first quarter of the next year (2024), with some product lines possibly experiencing a 30% mark.
Legal experts express optimism, foreseeing positive outcomes for distributors closely aligned with Samsung, such as Shang Shang and CIS component agent Qingya. This collaboration is expected to lead to a recovery in performance in the upcoming year, presenting promising business opportunities.
Looking ahead, the CIS component market is anticipated to embark on a cycle of price increases, particularly for products featuring specifications above 32 million pixels. This projection suggests a favorable trajectory for business opportunities and performance momentum, with quarterly improvements expected for distributors associated with Samsung.
Price Surge Cycle In CIS Component Market
In a related industry update, Weihua leverages Hanweike as a mentor, focusing on advancing SiC substrate and silicon photon detection. Huawei’s P70 plays a crucial role in elevating high-end mobile phone camera specifications, with noted analyst Ming-Chi Kuo identifying two beneficiary factories. Faraday secures five advanced packaging orders, strategically positioning itself to capitalize on significant AI business opportunities. As memory prices rise, Yiding anticipates heightened profits and performance in the coming year through AI projects. The IC design trend reveals a dichotomy between long and short, urging traders to consider recently successful stocks.
As the market undergoes transformative changes, businesses aligning with these emerging trends stand to gain substantial advantages in the evolving landscape of CIS components and related technologies.
Source via twitter