shock! The 10 yuan chip sells for 400 yuan, and the General Administration of Market Supervision has made it!
2021-10-09

On the one hand, there is a shortage of global chip supply, on the other hand, dealers "sit on the ground and raise prices" to drive up prices, and supervision has finally taken action!

According to a report in the Securities Times, the State Administration of Market Supervision imposed a fine of 2.5 million yuan on three auto chip distributors, namely Shanghai Qiante Electronics Co., Ltd., Shanghai Chengsheng Industrial Co., Ltd., and Shenzhen Yuchang Technology Co., Ltd. for driving up the price of auto chips.

It is understood that the State Administration of Market Supervision and Administration issued a fine to Chite Electronics based on the fact that the latter still substantially increased the price of some car chips when the purchase price of car chips was basically stable in the near future, and the chip price increase rate was as high as 4543%. . Automobile chips are an important component of the automobile manufacturing industry. An ordinary car needs more than 200 chips, and a new energy vehicle needs at least 500 chips.

Another report pointed out that Qinte Electronics purchased NXP automotive chips on May 26, 2021, at a purchase price of 9.53 yuan/piece; on June 9, 2021, it was sold at 442.48 yuan/piece, the quantity was 2,700 pieces, and the price difference was 116.90. Ten thousand yuan.

Today, the State Administration of Market Supervision announced the administrative penalty decision on the improper price conduct of Shanghai Chute Electronics Co., Ltd. According to the administrative penalty decision, Shanghai Qiante Electronics significantly increased the price of some automobile chips when the purchase price of automobile chips was basically stable, with a price increase rate of up to 4543%. The parties purchased NXP automotive chips on May 26, 2021, at a purchase price of 9.53 yuan/piece; on June 9, 2021, they sold at a price of 442.48 yuan/piece, the quantity was 2,700, and the purchase-sale difference was 1.169 million yuan, and the markup rate was 4,543. %.

It is understood that since August this year, the State Administration for Market Regulation has set up a task force to strengthen price monitoring and comprehensively sort out clues. On the one hand, it strengthens price monitoring, organizes industry research, and understands the supply and demand of automotive chips and price-related conditions. On the other hand, we have strengthened the screening of illegal clues, and severely cracked down on the illegal behavior of individual distribution companies to drive up prices.

The investigation of the task force found that since the beginning of this year, the price of chips sold by auto chip manufacturers and authorized agents has increased by 10% to 15%, and individual chips have increased by 50%. This is due to the fact that individual distributors took the opportunity to maliciously snap up shortages of chips and sharply increase sales. Drive up prices and make high profits.

After grasping specific clues, the State Administration of Market Supervision immediately assembled two special investigation teams and went to Shanghai and Shenzhen to conduct investigations on auto chip distributors. According to investigations, three dealership companies in Shanghai, Shanghai Chengsheng, and Shenzhen Yuchang took advantage of the imbalance between the supply and demand of China's automotive chips and substantially increased their prices to sell automotive chips when the purchase price was basically stable. For example, chips with a purchase price of less than 10 yuan are sold at a high price of more than 400 yuan, an increase of 40 times. Under the conditions of a balance of supply and demand, the markup rate of auto chip traders is generally 7%-10%. However, downstream auto parts companies are facing the risk of breach of contract compensation due to lack of chips, and have to accept the high quotations of the parties.