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Latest Blog Updates

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Fujifilm's expenditure will increase to $12.3 billion, with a focus on areas such as chip materials
Fujifilm's expenditure will increase to $12.3 billion, with a focus on areas such as chip materials
By Maggie / April 18, 2024
Recently, Fujifilm Holdings announced that the company will invest 1.9 trillion yen (12.3 billion US dollars) in healthcare, chip manufacturing materials, and other growth seeking areas over the next three fiscal years. These funds will be used for capital expenditures and research and development expenditures for the fiscal year ending in March 2027. Compared to similar appropriations in the previous three fiscal years, this expenditure increased by nearly 30%. Public information shows that Fujifilm's healthcare business accounts for over 30% of the group's revenue, ranking second only to its innovative business responsible for printers and other office equipment. But with the paperless workplace, office printers are facing pressure. Camera is another long-standing business of Fujifilm, which has now been replaced by smartphones. Faced with these unfavorable factors, Fujifilm is vigorously developing its healthcare business, especially in the contract development and manufacturing (CMDO) of biopharmaceuticals. By 2028, Fujifilm will invest approximately 700 billion yen in CMDO. This expenditure will expand manufacturing capacity five times from its current level. For chip manufacturing materials, Fujifilm will invest in advanced wafer polishing compounds and other products. Fujifilm's goal is to increase sales in the healthcare and electronics sectors by 20% to 30% by fiscal year 2026. The electronic field includes chip manufacturing materials. Its comprehensive income target for the fiscal year 2026 is set at 3.45 trillion yen, an increase of 17% compared to the fiscal year 2023. The operating profit for the same period is expected to increase by 30%, reaching 360 billion yen. Fujifilm President Teiichi Goto believes that the multifunctional printer business can bring cash to investments. Despite concerns about the long-term prospects of these devices, Fujifilm believes that by bundling them with office efficiency solutions and consulting, stable profits can be generated. Fujifilm will streamline operations to reduce costs. Fujifilm Business Innovation (formerly a subsidiary of Fuji Xerox) is in talks with Konica Minolta to establish a joint venture and merge global component procurement functions before September. Fujifilm's camera business will focus on Instax primary imaging cameras and other less competitive fields. These efforts are expected to generate an operating cash flow of 1.87 trillion yen, which will be used to fund investments.
Semiconductor lithography machine giants,where to go
Semiconductor lithography machine giants,where to go
By Maggie / April 2, 2024
On March 27th, according to foreign media reports, the Dutch government plans to inject at least 1 billion euros into lithography equipment giant ASML in order to retain its development in the Netherlands. Earlier this month, local Dutch newspaper De Telegraaf revealed that ASML plans to move the company out of the Netherlands. The report indicates that ASML has expressed its intention to the Dutch government, stating that it may expand or relocate elsewhere, with France being one of the options. According to the Dutch news agency, the Dutch government has established a special working group called "Beethoven Action", led by Prime Minister Mark Luther, to negotiate with ASML to address its concerns about local labor supply, regulatory policies, and supply chain security in the Netherlands. The latest news indicates that the Dutch government plans to allocate over 1 billion euros (approximately 7.8 billion yuan) in funding for the development of ASML headquarters, including infrastructure investment, housing, and the expansion of Eindhoven University of Technology, particularly to cultivate skilled technical talents for ASML. According to data, ASML is the world's largest lithography equipment manufacturer, with absolute dominance in this field. Its development in the Chinese market has exceeded 30 years. On March 27th, Minister of Commerce Wang Wentao met with visiting Dutch Minister of Foreign Trade and Development Cooperation Fan Lvwen. Both sides exchanged in-depth views on topics such as exporting lithography machines to China and strengthening cooperation in the semiconductor industry. Wang Wentao expressed his hope that the Dutch side will uphold the spirit of the contract, support enterprises in fulfilling their contractual obligations, and ensure the normal operation of lithography machine trade. To prevent security generalization, jointly maintain the stability of the global semiconductor industry and supply chain, and promote the sustained and healthy development of bilateral economic and trade relations. Fan Lvwen also stated that China is one of the most important economic and trade partners of the Netherlands, and the Netherlands is willing to continue to be a reliable partner for China. The Dutch export controls are not targeted at any country, and decisions are based on independent and autonomous assessments, while minimizing the impact on the global semiconductor industry and supply chain as much as possible under safe and controllable conditions.
Semiconductor lithography machine giants, where to go?
Semiconductor lithography machine giants, where to go?
By Maggie / March 28, 2024
On March 27th, according to foreign media reports, the Dutch government plans to inject at least 1 billion euros into lithography equipment giant ASML in order to retain its development in the Netherlands. Earlier this month, local Dutch newspaper De Telegraaf revealed that ASML plans to move the company out of the Netherlands. The report indicates that ASML has expressed its intention to the Dutch government, stating that it may expand or relocate elsewhere, with France being one of the options. According to the Dutch news agency, the Dutch government has established a special working group called "Beethoven Action", led by Prime Minister Mark Luther, to negotiate with ASML to address its concerns about local labor supply, regulatory policies, and supply chain security in the Netherlands. The latest news indicates that the Dutch government plans to allocate over 1 billion euros (approximately 7.8 billion yuan) in funding for the development of ASML headquarters, including infrastructure investment, housing, and the expansion of Eindhoven University of Technology, particularly to cultivate skilled technical talents for ASML. According to data, ASML is the world's largest lithography equipment manufacturer, with absolute dominance in this field. Its development in the Chinese market has exceeded 30 years. On March 27th, Minister of Commerce Wang Wentao met with visiting Dutch Minister of Foreign Trade and Development Cooperation Fan Lvwen. Both sides exchanged in-depth views on topics such as exporting lithography machines to China and strengthening cooperation in the semiconductor industry. Wang Wentao expressed his hope that the Dutch side will uphold the spirit of the contract, support enterprises in fulfilling their contractual obligations, and ensure the normal operation of lithography machine trade. To prevent security generalization, jointly maintain the stability of the global semiconductor industry and supply chain, and promote the sustained and healthy development of bilateral economic and trade relations. Fan Lvwen also stated that China is one of the most important economic and trade partners of the Netherlands, and the Netherlands is willing to continue to be a reliable partner for China. The Dutch export controls are not targeted at any country, and decisions are based on independent and autonomous assessments, while minimizing the impact on the global semiconductor industry and supply chain as much as possible under safe and controllable conditions.
Over 850 million 5G users in China
Over 850 million 5G users in China
By Maggie / March 27, 2024
The Ministry of Industry and Information Technology disclosed that China's telecommunications business steadily increased in the first two months. As of the end of February, the number of 5G mobile phone users reached 851 million, accounting for nearly 50% of the total mobile phone users; The total number of 5G base stations reached 3.509 million, a net increase of 132000 compared to the end of last year. The revenue from telecommunications services has steadily increased. In the first two months, the cumulative revenue from telecommunications services reached 292.3 billion yuan, a year-on-year increase of 4.3%; In the first two months, the three basic telecom enterprises completed Internet broadband business revenue of 44.06 billion yuan, up 6.7% year on year. Emerging business revenue has achieved significant growth, becoming a major highlight. In the first two months, three basic telecommunications companies completed mobile data traffic business revenue of 106.3 billion yuan, a year-on-year decrease of 1.6%. Three basic telecommunications companies are actively developing emerging businesses such as big data, cloud computing, and the Internet of Things. In the first two months, they achieved a total business revenue of 75.76 billion yuan, a year-on-year increase of 11.3%, accounting for 25.9% of telecommunications business revenue. Among them, cloud computing and big data revenue increased by 17.3% and 30.3% year-on-year, respectively, and IoT business revenue increased by 8.5% year-on-year. 5G users continue to grow. As of the end of February, the total number of mobile phone users of three basic telecommunications companies and China Broadcasting and Television reached 1.746 billion, a net increase of 2.409 million compared to the end of the previous year. Among them, the number of 5G mobile phone users reached 851 million, a net increase of 29.22 million compared to the end of the previous year; 48.8% of mobile phone users. The proportion of 5G base stations is nearly 30%, and as of the end of February, the total number of 5G base stations reached 3.509 million.
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