Recently, Mingci Electronics assisted customers in sending samples to replace the SMD inductors manufactured by German Wurth Electronics for surface mount use. Our corresponding models include MDR series wound SMD inductors, MNC series integrated SMD inductors, MDRH series magnetic shielded SMD inductors, MCPR series power SMD inductors, and MC-PWPG series shielded SMD inductors.
In recent years, the Chinese government has invested a lot of resources to support domestic enterprises to carry out technology research and development, integrate the market industry chain, and promote localization to support the substitution of domestic imports. The impact of COVID-19 has exacerbated the changes in the entire market. Nowadays, the epidemic abroad has not been fully controlled, and the global market demand has shifted from exporting to China. Not only is demand expanding, but the shortage of raw materials has caused prices to continue to rise. Even if manufacturers raise product prices and extend delivery dates, the market still shows a phenomenon of oversupply. According to statistics from Alibaba International, the top selling item from 2020 to March 2021 was the electronic pen, with a year-on-year increase of 506 times in total transaction volume. Affected by COVID-19, most foreigners were forced to work and study from home. Handwritten pens from China have high pressure levels, low screen touch delay, and excellent overall experience, making them the first choice. Not long ago, our company created a special RH TYPE magnetic ring for a customer, and the terminal product was an electronic pen.
