Mr. Song Shiqiang, an economist from Huaqiang North, on Huaqiang North's economic views

 When introducing Shenzhen Huaqiangbei, Mr. Song Shiqiang, an economist at Huaqiangbei, said that the economic miracle of Huaqiangbei is based on the fact that mainland China has undertaken the third major industrial transfer in the world. It coincides with demographic dividends, market dividends, policy dividends and geographical advantages. A world-class distribution center for electronic information hardware.



The more official definition of "Huaqiangbei Museum" is "China's No. 1 Electronic Street, the Global Technology and Fashion Place". Huaqiangbei is a place with many people, money, companies, goods, information, resources, opportunities, and high business efficiency. It is a business card that showcases the achievements of China's reform and opening up and Shenzhen's economic development.



Huaqiangbei is famous for its many "billionaires". The latest collective appearance is the out-of-stock from 2020 to 2022. STMicroelectronics, GD Zhaoyi Innovative MCU, TI Texas Instruments' analog components, Xilinx Xilinx FPGA chip, slkor (www.slkormicro.com) SiC MOS tube and golden navigation mark antenna connector have all increased in price. The reason for the shortage is firstly that the COVID-19 epidemic is closed at home, adults work and children take online classes, and the demand for smart terminals, mobile phones and tablet computers explodes. These products are large users of electronic components; the second is some smart terminals and electronic components used Explosive demand, such as the rise of smart door locks and the adoption of fingerprint locks under the screen of smartphones, these chips occupy a large amount of production capacity of fabs; the third is the US sanctions on Huawei, Huawei actively prepares goods to occupy TSMC's production capacity, squeezing other chip manufacturers Capacity space; the fourth is the outbreak of new energy vehicles, new energy vehicles require more chips than traditional fuel vehicles, and there is a serious shortage of special vehicle specifications.



These several situations superimpose the imbalance between supply and demand in the industrial chain, and there will be a shortage of goods and price increases. Then the terminal factories will stock up in large quantities in a panic, and the agents and traders in the circulation link will take the opportunity to stock up. The owner of Huaqiang North is waiting for this opportunity, and many people have made money again in this wave of market conditions.



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