The study said that the delivery time of field programmable gate arrays (FPGAs) remains the longest of the 52-cycle delivery time cap and may be the most constrained part of the entire ecosystem. Susquehanna International added that the FPGA shortage will affect network, optical and telecommunications equipment. The bottleneck caused by chip supply has had a negative impact on companies in various industries, such as Toyota Motors and Apple. These companies have even reduced their revenue by billions of dollars due to the inability to obtain enough chips to meet product demand. According to Gartner's forecast, semiconductor sales will increase by 13% in 2022, but there are uncertainties in the semiconductor market due to the downturn in personal computers and smartphones and expectations of a recession.

5G catalyzes the demand for miniaturized and high-baseband crystal oscillators, and the development of automotive-grade crystal oscillators is accelerating. As downstream smart electronic products, mobile terminals and other products develop towards portability and miniaturization, electronic components such as quartz crystal oscillators need to adapt to the process requirements of their miniaturization development. At the same time, with the development of 5G and WiFi6, high-capacity and high-speed transmission require the circuit baseband to continue to increase. SMD packaging mode crystal oscillators have the characteristics of small size, easy mounting, good high-frequency characteristics, strong anti-vibration and anti-interference capabilities, and high reliability, and are gradually becoming the mainstream of the market.



As electronic products continue to increase the requirements for crystal oscillator accuracy, the demand for high-end crystal oscillators such as TCXO, VCXO, and OXCO is expanding. From the perspective of application fields, according to Taiwan Crystal Technology data, automobiles have become the main driving force for the growth of crystal oscillator demand, with a CAGR of 30% from 21 to 24 years. Under the development trend of intelligent and networked automobiles, crystal oscillator applications cover GPS, on-board cameras, radar, ADAS and other fields. Each new energy vehicle requires approximately 100-150 crystal oscillators, which has doubled the number of 30-40 crystal oscillators per vehicle compared to traditional economy cars.

The company was established in 2021. It is a joint venture between a domestic listed company and Jiaxiang Urban Investment Group Co., Ltd., a high-tech enterprise engaged in semiconductor research and development, production, sales and other electronic equipment manufacturing. Products include discrete device chips, rectifier components, protection devices, high-voltage silicon stacks, etc. The project is located in the 5# plant of the Science and Technology Innovation Park, Jiaxiang County Development Zone, Jining, Shandong, with a construction area of approximately 9,360 square meters.