2025 Dragon Boat Festival Arrives!

Tomorrow marks the Dragon Boat Festival, the fifth day of the fifth month of the Chinese calendar—a time-honored tradition where we extend our warmest greetings to you! Steeped in millennia of cultural heritage, this festival commemorates the patriotic poet Qu Yuan, who sacrificed his life for his ideals, while also symbolizing prayers for prosperity, blessings, and protection against adversity. Customs such as wrapping zongzi (sticky rice dumplings), racing dragon boats, hanging aromatic mugwort, and wearing fragrant sachets remain deeply rooted in the celebrations. Zongzi, made of glutinous rice and wrapped in bamboo leaves, echoes the ancient wisdom of preserving Qu Yuan's legacy by offering food to the river.

As we celebrate this festival, the semiconductor industry is also experiencing notable developments. Recent adjustments in the global electronics supply chain include Micron’s announcement of a 10%-15% price increase for DRAM and NAND flash memory effective June 1, driven by surging AI computing demands and tightened production capacities. High-bandwidth memory (HBM), particularly the HBM3E variants, has become a focal point, with companies like NVIDIA and AMD accelerating procurement efforts. Meanwhile, the passive components sector faces similar turbulence—KEMET, a subsidiary of Yageo, has initiated double-digit price adjustments for select polymer tantalum capacitor models, potentially triggering ripple effects among competitors like Panasonic and AVX.

In this dynamic season, may we honor our cultural roots while seizing industrial opportunities, working together to embrace future challenges and achievements.

Wishing you a joyful Dragon Boat Festival and continued success in all your endeavors!

About SMYG LIMITED

SMYG LIMITED is an original stock, order electronic components procurement platform, 28 years of component distributors, the company is based on the electronic components industry, based on "honesty and trustworthiness, mutual benefit and win-win" business Philosophy, with the "Internet +" operation mode of integrating advantageous resources, focus-ing on one-stop electronic component procurement, component BOM distribution and other services for electronic components. All components are sourced directly from the original manufacturers and agent channels, ensuring guaranteed quality.