新洁能：2025年中国TechNetNCE Power（605111.SS）功率半导体需求复苏，竞争仍是主要阻力-20250528

We hosted NCE Power's (605111.SS, Not Covered) management on May 21 at our TechNet Conference China 2025. Key discussions were around the demand outlook for power semiconductors, competition and pricing trend. Overall, NCE Power sees an increasing demand from the majority of its end markets, driving a positive demand recovery outlook for power semis this year. However, there is ongoing competition among domestic/ overseas peers as well as tariff uncertainties. To mitigate risks, NCE Power will continue to e ...