Hubei province tourism springing back to life

Hubei province tourism springing back to life

Twenty-two major tourist attractions that reopened in Hubei province, the hardest hit region by the COVID-19 contagion in China, had received 520,400 visitors from Friday to Sunday, as people enjoy their first public holiday since the regional lockdown was lifted.

2022-10-24

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Germany's SAP committed to China market

Germany's SAP committed to China market

German software and cloud giant SAP SE is stepping up its push to meet growing demand for cloud computing amid the COVID-19 pandemic and stressed its long-term commitment to the China market.

2022-10-24

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Ministry opposes US curbs on investment

Ministry opposes US curbs on investment

Setting obstacles for investors in the United States to enter the Chinese market in the name of so-called national security, or even politicizing their normal investment activities will only harm their own interests, Foreign Ministry spokesman Zhao Lijian said on Wednesday.

2022-10-24

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Meet in a Narrow Path Innovators Win Independent Innovation and Seek Development

Meet in a Narrow Path Innovators Win Independent Innovation and Seek Development

In the field of electronic components, due to low technology content, low entry threshold, numerous manufacturing enterprises and fierce competition, middle and low-end products mainly rely on processing fees as the main profit source, and the profit level is low and vulnerable to cost changes and other factors. In addition, the industry mainly focuses on customization and only produces products in small batches for specific customers. Therefore, the market has high requirements on the production capacity, R&D and design capacity of enterprises. In contrast, medium and high-end products, as a supporting part of high-end electronic products, have higher added value and can maintain higher profit margins. Under the pressure of market competition, in recent years, powerful large enterprises in the industry have basically started to transform from OEM to ODM, thus obtaining higher profit margins. Compared with other enterprises in the same industry in China, Crick Technology was founded in 2004. As an enterprise producing magnetic components and power products, it started late. However, throughout its founding history, the company has made great achievements along the way: it has been selected as one of the top 100 enterprises in China's electronic components issued by China Electronic Components Industry Association for five consecutive years, and its comprehensive strength in electronic transformer manufacturing is in the leading position in China; In 2010, it was awarded the title of "The Most Satisfied Power Supply Supplier Selected by Big Bit Information for the Third China Electronic Magnetic Components and Inductors"; In March 2011, it won the title of "Excellent Supplier" of Eaton, a world famous UPS power manufacturer; In February 2012, Kehua Hengsheng won the title of "Excellent Supplier" According to a person in charge of the company, the most important reason for the rapid performance of Crick Technology is that the company has been positioned to follow the ODM route for many years. "If an enterprise wants to win, it must have its own 'trump card', that is, it must have its own independent technology." To this end, Crick Technology has attached great importance to R&D investment for many years, and has established a R&D team of more than 100 people in cooperation with well-known universities and research institutes in China. After several years of efforts, Crick Technology has gained obvious advantages in product design and R&D, and can quickly solve various problems in application for customers. Its power supply business has achieved rapid growth in the field of network communication power supply and consumer power supply.

2015-05-22

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Favorable policy news frequently emerged, and the transformation and upgrading of the electronic component industry accelerated

Favorable policy news frequently emerged, and the transformation and upgrading of the electronic component industry accelerated

On April 8, the National Development and Reform Commission announced that it would quickly study and introduce a number of major industrial policies in key areas such as cloud computing, the Internet of Things, biology and e-commerce. The announcement of this news has opened a new round of overall development of China's electronic information industry in the future. This policy indicates that the transformation and upgrading of the electronic component industry, as the basic industry of the electronic information industry, will accelerate. With the continuous expansion of the domestic electronic component industry and the increasingly fierce market competition, the external environment faced by the electronic component industry in the past two years is not optimistic, and a series of severe tests are compressing the profit space of enterprises. Faced with this situation, many enterprises rely on technological innovation to drive their development, so as to achieve transformation and upgrading, and meet challenges by expanding innovative technologies, reducing costs and other ways. When a new round of favorable industrial policies is about to be introduced, the company maintains sufficient confidence. The person in charge of the enterprise said: "If the enterprise wants to win, it must have its own 'trump card', that is, it must have its own technology. We will still adhere to the ODM route to meet challenges." It is reported that Crick Technology will continue to invest in R&D in the next step, and gain advantages through independent R&D, so as to maintain rapid growth. The electronic component industry is an industry encouraged by the state. As early as April 2009, the State Council issued the Plan for the Adjustment and Revitalization of the Electronic Information Industry, which established the electronic information industry as a "strategic, basic and leading pillar industry of the national economy". For the electronic component industry, according to the relevant provisions of the state, it can enjoy many preferential policies given by the state. In terms of import and export tariffs, most of China's electronic component products have been subject to the highest tax rebate rate of 17%, and in 2008, China also increased the export tax rebate rate of electronic component related industries. These preferential policies are conducive to reducing the cost of enterprises and improving the competition of China's electronic products.

2015-05-22

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The prospect of undertaking international production capacity transfer electronic component industry is broad

The prospect of undertaking international production capacity transfer electronic component industry is broad

With the rapid development of the world's electronic information industry, its industrial value chain has been gradually extended. The industrial transformation of developed countries and the gradual transfer of some production links to developing countries have provided an important opportunity for the development of China's electronic component manufacturing industry. Relying on the accumulation of manufacturing technology and experience, as well as the advantages of human resources and perfect industrial supporting facilities, China has become an important region to undertake international production capacity transfer. At present, China has become the world production base for transformers, loudspeakers, aluminum electrolytic capacitors, picture tubes, printed circuit boards, semiconductor discrete devices and other electronic components. The continuous transfer of international production capacity to China has brought broad market space for the future development of China's electronic component manufacturing industry.

2015-05-22

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