According to supply chain, Yageo will raise the price of chip resistors by 70% to 80% in March, which is much higher than market expectations.
According to previous reports, Yageo had originally planned to increase the price of MLCC by 30%, but the recent impact of the novel coronavirus epidemic has caused the actual output of global passive component factories to be lower than expected, and also affected the output of chip resistors. Therefore, Yageo adjusted its plan and will increase the price of MLCC by 50% and the price of chip resistors by 70%, which will take effect in March.
In addition, Yageo's global low-end MLCC market share is about 30%, and chip resistors have a global market share of 34%. Therefore, Yageo’s production capacity will also affect the global MLCC and chip resistor supply and price.