做芯片呆料的，现在也卷疯了

Core Viewpoint - The article discusses the increasing prevalence of excess and obsolete inventory (E&O) in the chip industry, highlighting the reasons behind the surge in participants engaging in this business and the current market conditions for E&O trading [3][10]. Group 1: Reasons for Increased Participation in E&O Business - The number of individuals engaging in E&O business has significantly increased due to various factors, including the growing difficulty in traditional business operations, low entry barriers, and enhanced information transparency regarding inventory [8][9]. - The sources of excess inventory can be categorized into external factors, such as increased customer demands for quality and order changes, and internal factors, including surplus materials from completed projects and over-purchasing [4][5]. Group 2: Market Conditions for E&O Business - Despite the influx of new participants, many distributors report that the E&O business is challenging, with some stating that the current year is the worst they have experienced [10][13]. - The primary issue facing the E&O market is intense price competition, leading to a saturated market where profit margins are squeezed due to price transparency and increased competition [11][16]. - While there is still demand for E&O, the market is characterized by fierce competition, making it difficult to close deals without stable customer relationships or effective pricing strategies [16][18]. Group 3: Industry Trends and Future Outlook - The article notes a broader trend of individuals from outside the chip distribution industry entering the market, indicating a potential shift in the industry's talent pool and business models [18]. - Many distributors are currently treating E&O as a secondary business, while their primary focus remains on their established operations, reflecting a cautious approach amid market uncertainties [16][18].