NXP: Limited Inventory for Certain Automotive-Grade MCUs; ADI: Inventory Days Decline

Original Equipment Manufacturer Market Dynamics

•  TE CONNECTIVITY：Fiscal year concludes in September; shipments resume gradually in early October

(1) Delivery Date

September marks the final month of TE's fiscal year. Agents report that the efficiency of recent order expeditions and restocking has noticeably slowed. Even with expedited requests, only the quantities required for the current month can be prioritized through project applications. Otherwise, shipments will generally be scheduled throughout early October.

• TEXAS INSTRUMENTS：The automotive business has not yet fully recovered

(1) Price 

The U.S.-driven policy of reshoring manufacturing has increased production costs for TI in the United States (such as rising prices for raw materials like high-purity silicon wafers). To offset this cost pressure, TI has chosen to pass the burden onto downstream customers through price increases.

(2) Revenue 

TI's automotive business has yet to recover fully. The second-quarter automotive market revenue experienced mid-single-digit year-over-year growth but declined quarter-over-quarter. Current automotive orders are all urgent, and it remains to be seen whether the automotive sector can rebound in the fourth quarter.

(3) Popular Materials 

The SN6505BQDBVRQ1 is an isolated DC-DC converter controller chip manufactured by TI, designed explicitly for low-noise, high-efficiency compact isolated power supplies.

The TPS73701DCQR is a high-performance, low-dropout linear regulator (LDO) produced by TI, featuring high precision, low noise, high load capability, and multiple protection functions. It is suitable for a wide range of power management applications. 

• NXP Semiconductors：Some automotive-grade MCUs are in short supply 

(1) Demands 

General material demand remains stable.

(2) Delivery Date 

The TJA series (CAN transceivers), 74/PCA/PCF logic series, and other products are readily available in stock. Standard models typically ship within 2-4 weeks, though high-end automotive/industrial components have longer lead times. Due to the rising demand for automotive and industrial chips, delivery times for specific general-purpose models may be extended.

(3) Stock 

General-purpose materials remain stable in price, with some models experiencing inventory backlogs; automotive-grade MCUs (such as the S912 series) have limited inventory, and trade quotas are restricted.

(4) Popular Materials 

TJA1042T/3/1J, CAN-FD transceiver, high volume for automotive OBC and BMS applications, ample stock available.

FS32K144HAT0MLHT, General Motors MCU automotive-grade standard part. Persistent demand has eased somewhat, but stock quantities remain limited. The i.MX 6/8 series MPUs remain the highest-value models most closely watched by channels.

MCIMX6G2CVM05AB sees strong demand for industrial/automotive display control terminals, with stable monthly requirements. 

• Microchip Technology：Weak demand, with inventory clearance as the primary focus 

(1) Price 

Due to inventory backlogs and weak demand, prices for general-purpose MCUs remain stable and transparent, with limited room for negotiation.

(2) Delivery Date

For futures orders, the fastest delivery time for 8-bit and 16-bit MCUs has been reduced to 4 weeks. Other general-purpose materials can be guaranteed within 5-10 business days. 

(3) Stock 

Spot inventory levels in the market remain elevated, with overall inventory drawdown expected to continue into the fourth quarter. 

(4) Demands 

Overall market demand remains sluggish, with inventory clearance dominating the landscape, particularly in the mid-to-low-end MCU segment. Demand for general-purpose MCUs has shown signs of recovery compared to the previous two months. 

(5) Popular Materials 

8-bit AVR/EEPROM/op-amp categories maintain ample inventory. Among these, the ATMEGA328P-AU 8-bit AVR MCU continues to see increased volume for IoT education/open-source hardware applications, with demand rising over the past two months.

The MCP6002T-I/SN low-power RRIO op-amp, a versatile analog front-end solution, features high inventory levels and sustained price declines.

The AT24C256C-SSHL-T, a mid-capacity EEPROM, is seeing a rebound in demand driven by smart meters and camera modules.

• ANALOG DEVICES：Inventory days decreased 

(1) Stock 

Third-quarter financial reports indicate inventory days have decreased to 160 days. When inventory days drop to 140-150 days, the market begins to experience some shortages, with order lead times noticeably extending. During the major shortage period from 2021 to 2022, ADI's inventory days fell to 110-120 days. 

(2) Revenue 

ADI continues its recovery in the industrial sector, with sequential growth across all sub-industries and regions. Driven by increased AI investments, all major applications—led by automated test equipment—accelerated year-over-year growth. Additionally, ADI's aerospace and defense revenue reached a record high in the third quarter (representative models: ADXL355/357***, LTC5541/5542/5549***, LTM4613/4615***)..

In the automotive sector, although revenue experienced a slight sequential decline this quarter, the structural growth trend in the automotive business remains intact from a long-term perspective. ADI remains optimistic about the overall growth and development of the automotive industry this year.

ADI has achieved over 20% year-over-year growth for two consecutive quarters, demonstrating robust momentum in its recovery. The industrial sector has also shown improvement for two quarters, and this momentum typically takes at least 3-6 months to translate into the distributor market.

(3) Information 

The company has deployed capital expenditures to enhance the resilience of ADI's internal wafer fabs. ADI has more than doubled the footprint of its internal wafer fabs, primarily supporting industrial operations.

• DIODES：Four new automotive-grade asynchronous buck converters 

(1) Delivery Date 

MOSFETs, diodes, transistors, and power supplies: For items in stock at the original manufacturer, lead time is approximately 2-3 weeks. For backordered items, lead time is approximately 15-20 weeks. For crystal oscillators in stock at the original manufacturer, the lead time is approximately 3 to 4 weeks. For backordered items, lead time is approximately 33 weeks. Stock batches from the original manufacturer are guaranteed for 3 years by default.

(2) New Product 

Launching four automotive-grade asynchronous buck converters—AP68255Q/AP68355Q/AP6A255Q/AP6A355Q—for applications including 48V motor control, advanced driver assistance systems (ADAS), telematics, infotainment systems, body control, instrument panels, and lighting systems. The new automotive-grade AL5958Q matrix led driver is now available at a volume pricing of $1.60 (2,500 pieces). 

• ON Semiconductor：Overall operations will remain prudent

(1) Delivery Date 

Linear regulators: 8-12 weeks LED drivers: 10-14 weeks Motor drivers: 24-28 weeks image sensors: 20-24 weeks Analog interfaces: 8-10 weeks Overall capacity utilization: 68%, an 8% increase from the previous quarter.

(2) Information 

In the short term, the automotive market in Europe and the United States remains sluggish, and inventory adjustments continue to exert pressure. Customer caution remains the primary factor. Overall operations will also maintain a cautious stance until the market stabilizes and shifts toward a more pronounced recovery.

• Murata Manufacturing：Inductor LQW2BA Series Delivery Schedule is Tight 

(1) Price 

Current spot market prices show minimal fluctuation, but the LQW2BA series faces tight delivery schedules, posing a risk of price increases.

(2) Delivery Date 

Original manufacturer lead times have extended by 2-4 weeks compared to previous periods. The LQW2BA series of inductors faces tight delivery schedules, with manufacturers unable to provide lead times upon order placement. This warrants close attention.

(3) Stock 

Market inventory levels have returned to normal, representing a 10% increase over previous normal market inventory levels.

(4) Demand 

End-user demand is showing signs of recovery, with bulk orders being placed to schedule production for distributors. The industry is primarily concentrated in industrial AI servers and new energy vehicles.

• TOSHIBA：Price Stability 

(1) Price 

Overall market demand remains relatively stable, with prices showing no significant fluctuations.

(2) Delivery Date 

Delivery times are consistently maintained between 16 and 20 weeks, typically around 16 weeks.

(3) Popular Materials

Recently popular models in the market: TLP2362 (TPL, E(T, TLP291 (GB-TP, SE(T), TLP350 (TP1, F), TLP785 (GB, F(C, etc.

• Sumitomo Electric Industries：Projected Sales Growth for Fiscal Year 2026

(1) Information 

Due to growing demand for electric vehicles and 5G infrastructure, the company has raised its financial projections for fiscal year 2026, anticipating further growth in net sales and profits. Favorable trends in the automotive and communications sectors warrant increased attention and exploration of customer needs within these fields. 

• POSITRONIC：Price increase of 5%-10% in August 

(1) Price

The agent reports that the manufacturer typically implements several price increases annually. A new round of price hikes took place in August, with increases ranging from 5% to 10%. Customers requiring inventory stocking should pay close attention, as further price increases may follow. 

• 3M：Demand for 5G, IoT, and automotive electronics continues to grow 

(1) Price 

As an industry leader, 3M's product pricing is subject to fluctuations influenced by raw material costs (such as copper and plastics) and technological upgrades. 

(2) Demand 

The global connector market will see sustained demand growth in 2025, driven by trends such as 5G, the Internet of Things, and automotive electronics. 

(3) Revenue 

Q1 delivered strong performance with stable demand in industrial and consumer electronics sectors. Q2 sales grew by 1.5%, driven by significant expansion in core industrial segments and robust demand in automotive electronics and communications. Q3-Q4 are expected to benefit from a second-half price increase strategy (covering 30% of product lines) and cost reduction initiatives (targeting $250 million in savings), positioning the company for renewed profit growth.

Chip Vision (Industry Insights)

• NAND Flash revenue surged over 20% quarter-on-quarter in Q2 2025 

According to TrendForce's latest survey, the NAND Flash industry faced a slight decline in average selling prices (ASP) during the second quarter of 2025. Fortunately, original equipment manufacturers' (OEMs) production cutback strategies alleviated supply-demand imbalances, leading to significant growth in overall bit shipments. The combined revenue of the top five brand manufacturers increased by 22% quarter-on-quarter, reaching $14.67 billion. In the third quarter, demand is expected to stabilize as the effects of subsidy policies and manufacturers' inventory buildup fade. Although ASPs are projected to rebound slightly, persistent weakness in consumer demand and the drawdown of earlier inventory buildup suggest that while the NAND Flash industry's revenue growth will continue in Q3, the pace of expansion is expected to moderate.