TechnoAssociates, Inc. Research Reveals Auto Market Plunge Was Predictable with Crystal Oscillator Production Levels
TOKYO-(Business Wire)-February 17, 2009 - TechnoAssociates, Inc., a Tokyo based consulting firm, reported that the production levels and order results of crystal oscillators for automotive applications is a practical indicator to tell the automotive market conditions. The plunge of automotive markets, triggered by the subprime loan crisis, was predictable 4 to 6 months ahead by observing the production levels of crystal oscillators as a leading indicator.
In Japan, the automotive production plunged in October 2008. The production level fell by 10% in October, 20% in November, and 25% in December against the previous year. A changing sign could be read back in April, when the production level of the crystal oscillators for the automotive applications made a sharp drop. In June, the crystal oscillators production level worsened to fall below the level of the previous year. This well indicated the decline of automotive production in coming months.
Crystal oscillators are electronic components employing quartz as piezoelectric material to generate “standard signals”, which electronic devices to perform based on. Crystal oscillators are used in a wide variety of electronic products such as PCs and mobile phones. As for automotive applications, crystal oscillators are used in in-vehicle audiovisual equipment, car navigation systems, driving control systems, and safety control systems.
For more details, visit http://e2af.com/review/090217.shtml.
About TechnoAssociates
TechnoAssociates is a Tokyo based consulting firm established jointly by Mitsubishi Corp. and Nikkei Business Publications, Inc. (Nikkei BP) in 2003. The company has integrated Mitsubishi Corp’s wealth of business expertise and networks and Nikkei BP’s capability of professional research. Focusing on business issues for technology-based companies, the company offers consulting and strategy implementation to major companies, industry consortia, the government or related agencies, and start-ups.
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