中微半導(688380.SH):MCU產品三季度末開始出現結構性缺貨
格隆匯11月30日丨中微半導(688380.SH)在投資者互動平台表示,公司MCU產品三季度末開始出現結構性缺貨,主要率先在消費電子和無刷電機控制芯片領域出現。通過積極備貨組織與協調,公司產品結構性缺貨現象已經初步解決。造成此次結構性缺貨的主要原因:一是與行業需求週期變動相關,去年下半年至今年上半年,下游市場需求相對疲軟,公司芯片出貨量增長不如預期,導致公司庫存水位較高,公司採取謹慎備貨策略以去庫存;二是公司歷史庫存產品充足,長時期均能及時滿足客户下單及提貨的需求,導致部分終端客户和代理商備貨有限,在需求突然增長的情況下,公司無法及時滿足客户需求突然增長;三是公司MCU產品應用領域廣泛,近幾年推廣的方案眾多,加上公司上市後品牌地位提升,公司產品受到市場歡迎程度顯著提高,下游需求增長超出公司預期所致。未來,公司會以此為鑑,堅持樹立“以客户為中心”的價值導向 ,加強訂單管理,做好需求預測,避免類似情況的發生。
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