For example, a STMicroelectronics chip is the core component of the electronic control system, 2021 market price once rose to about 3,500 yuan a, 2022 from the high-level decline to about 600 yuan, a price reduction of more than 80%. Another model of the chip, in 2021 the price remained at about 200 yuan a, currently selling for only about 20 yuan each, only a tenth of the highest price. In LED lighting products, light-emitting chips and driver chips will be used, the price of these two types of chips in this year also began to fall.

Since this year, the market price of consumer electronics control chips also continued to go down, from a hundred dollars high to double-digit. To cell phones, for example, the global decline in cell phone sales in 2022, resulting in a greater supply of electronic class chips for cell phones than demand, major cell phone manufacturers have lowered their shipment targets and cut orders to upstream chip manufacturers.

Reports said that Qualcomm is experiencing “cut single action”, has reduced the Snapdragon 8 series orders by about 15%, and will be the end of the two flagship mobile chip price cuts of about 40%. Samsung Electronics, on the other hand, said that cell phone memory chip inventory is high, future sales may be further weakened, the company is working to remove inventory.

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