Jan. 9, 2023 /SemiMedia/ -- According to TrendForce's latest forecast, with the release of new production lines of DIM companies such as Texas Instruments, the global production capacity of power management integrated circuits will increase by 4.7% in the first half of 2023. In addition, due to continued weak demand, it is expected that the price of PMICs will continue to drop by 5-10% in the first half of 2023, while some industrial and automotive grades will not be affected.

According to TrendForce analysis, IDM still occupies a dominant position in the power management chip market, with a total market share of 63%, of which Texas Instruments ranks first with a market share of 22%.

In 2022, major IDM companies raised prices due to inflation, which further increased the average selling price. However, power management chips used in products including laptops, tablets, TVs, and smartphones have begun to cut prices since the third quarter of 2022, with a quarterly decline of 3-10%

TrendForce pointed out that the current average lead time for power management chips of fabless companies is 12 to 28 weeks, while that of IDM companies is 20 to 40 weeks for non-automotive grades, and more than 32 weeks for automotive grades.