2019 Kejia Annual Review

In 2019, the world is in political and economic turmoil, and economic conflicts are frequent. The Year of the Pig in the Chinese zodiac is a year in which even the pig is not safe.
Looking back on 2019, the Brexit has not been resolved, the exchange rate of various countries is volatile, the Chinese economy is sluggish, the trade war between Japan and South Korea, the turbulent anti-extradition, the outbreak of Asian swine fever, etc., each event involves the international political and economic situation, especially The U.S.-China trade war and U.S. sanctions on Chinese companies have not only triggered a wave of foreign and Taiwanese businessmen fleeing in China, but also caused many growing economies to come to an abrupt halt, including traditional manufacturing and electronics. The machine industry has also become a victim of this turmoil.
I still remember that in the past two years, the panel and semiconductor industry equipment was in short supply, and many materials were seriously out of stock. All parts manufacturers and agents tried their best to try their best to produce production capacity, but they could not meet the demand smoothly. Immediately following the overcapacity of panels, the US-China trade war, the US blockade of Huawei and other companies, the sudden cliff-like demand stopped, causing many industries and companies to be caught off guard, and sadness was everywhere until the fourth quarter, in response to the demand for 5G themes in the coming year. , the end of the year began to show signs of momentum.