The value of electronic components industry to focus on the advantages of the company

August 2005 industry cost pressures increase further due to cost pressures continue to increase, making the industry capacity utilization while maintaining at a high level, but the pre tax profit rate has continued to reduce the survival of the industry, further deterioration of the environment. 2006 industry growth is expected to predict the 4.3%-8.8% of the global IC industry in 2005 is expected to stabilize at 4%-6%. 2006 growth is expected, the institutions are higher than their respective expectations for 2005, generally between 4.3%-8.8%. Although Semico has nearly 20% growth is expected, but the lack of capital expenditure data validation. Based on the industry matures, the industry value more and more focus on the technical value and customer value for the production efficiency increasing, while demand growth gradually slowed down, the contradiction between supply and demand of raw materials cost pressures, the manufacturers continue to compress profit margins. In this environment, the first investment in IT focus on innovation. In the case of lack of innovation, the value of the company comes from its technology and customer value, that is, the "smile curve". Aerospace appliances: beyond the smile curve, based on the choice of management value. The study of the U.S. market shows that: excellent entrepreneurs, well-trained culture, a deep understanding of their own advantages, the combination of these three companies is the internal mechanism to achieve excellence. The space appliance is the closest we see to this standard. To maintain the industry "neutral" rating, focus on technology and customer value in the industry steady growth prospects, we maintain the industry neutral rating, emphasizing the individual's choice from the technical value and customer value perspective. From this point, we found: GSST and Fala is in line with the standards have been fully understood, and aerospace electronics, the new world, Zhongke Sanhuan is in line with the need to fully understand the value standard of company.