Author: Zhu Yulong
According to the data from the NE Research Institute, as of Q3 2022, the number of power module companies in China is 3.395 million, with a rapidly increasing localization rate. With the continuous growth of the Chinese market, the shipment volume of power modules used in electric vehicles is also increasing rapidly, with the shipment volumes of foreign and domestic suppliers both increasing quickly. As power semiconductors are generally produced in the IDM method, capacity construction requires a long cycle.
For a long time, power modules have been in a tight cycle, and during this process, automotive companies have constantly introduced suppliers from non-automotive industries.
Note: This data is compiled by the NE Research Institute based on domestic car terminal insurance data as the statistical caliber, without import and export data. The statistical results may differ from the actual shipment data of relevant parts and components companies.
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