May 24 news, according to the latest report issued by American foreign investors, the current first quarter of the end product inventory increase, considering the weakened consumer demand, and OEM, ODM, O D M and components, semiconductor supplier inventory increase, personal computers, smartphone components and semiconductor shipments in the second half of the focus.

Inventories rose 11% in the first quarter, up from the typical seasonal increase, and inventory days rose to 63 days from 53 days in the previous quarter, the report said.

As for downstream company inventory, including automotive OEM / Tier 1, wireless infrastructure and network OEM, personal PC and mobile OEM / ODM, server and storage, OEM and EMS, inventory grew 10% in Q1 this year, above typical seasonal quarterly growth; inventory was 24% above the 3-year average tracked, while downstream inventory increased from 49 days in Q4 2021 to 58 days in Q1 this year, higher than typical seasonal 51 days.

American foreign investors believe that inventory growth in the first quarter of multiple end markets compared with the fourth quarter of 2021 exceeded the typical seasonal factors; the most obvious gap was PC OEM / ODM, which rose 21% in quarter to quarter and 6% in the typical seasonal growth quarter.

On the other hand, the server OEM / ODM is the only inventory continuous changes lower than the typical seasonal model, the inventory amount increased by 17% quarter on quarter, while the typical seasonal growth of 20%.

If from 2021,2022 Q1, the overall inventory of Q1 industry increased by 24% year on year, higher than the overall sales growth of 5%.From the end market, server OEM / ODM, network OEM, PC OEM / ODM, mobile OEM / ODM and automotive Tier 1 inventory has the fastest annual growth rate.

Foreign investors said the total number of days in Q1 industry stocks has increased from 53 days to 63 days this year.In general, the inventory days in the end market should be consistent or higher than the general or seasonal level, but the network OEM, PC OEM / ODM, server OEM / ODM and automotive Tier 1 are all well above the seasonal level.

Source: technews