Fake cell phones/China's massive lack of key electronic components/Gree fined US$91 million by US
Published at : 07 Nov 2021
In recent years, Chinese manufacturing has been trying to shift to high-end production. Although China has a massive electronics market, its manufacturing sector is still as far apart from world leaders as pineapples are to apples.
In addition to chip shortages, China has begun to see a much more significant shortage of Passive Components, which have also experienced a price hike. Among the common passive components, RCL components including resistors, capacitors, and inductors are the core passive parts, accounting for more than 90% of the total. Since the end of 2020, the biggest price increases in China have been for h or MLCC. MLCC in the electronics industry is like "rice" in the food industry, used in products such as cell phones, computers, home appliances, automobiles.
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