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Topic:Kt Kingtronics Tell You Automotive / Industrial Demand for Automotive Capacitors Has Increased
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Demand for automotive chips has unexpectedly increased recently, attracting the attention of analysts and investors. The survey shows that demand from the automotive and industrial industries is expected to recover from the fourth quarter to 2021.The report from Barron`s indicated that the rebound in automobile market conditions is much better than expected, mainly due to the return of Chinese automobile production to the level before the epidemic, the 100% capacity utilization rate of US automobiles and trucks, and the low dealer inventory. There are also signs of improvement in the trend of the business cycle industry. China, the United States and Europe's Purchasing Managers Index (PMI) for the July-September quarter all indicate that the business is beginning to expand.Aluminum Electrolytic CapacitorsVarious types of capacitors can be found throughout automotive subsystems of all types of cars, including internal combustion engine (ICE) types that now dominate the market.
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