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Supplying Japanese and Korean companies, Chinese companies compete for the wearable battery market

Research by the GGII shows that the global smartphone and tablet device market is saturated, and shipments have continued to decline slightly since 2016. In 2018, shipments of small wearable devices, smart homes, instrumentation equipment, etc. continued to maintain a compound annual growth rate of more than double digits, becoming a relatively high growth rate 3C digital terminal market.

wearable battery

According to the specific data, 2018 China's digital lithium battery shipments were 31.8GWh, down 0.8% year-on-year, of which mobile phone lithium battery demand fell the most, down 12.9%; including small wearable devices, smart home, electronic cigarettes, instrumentation The demand for lithium batteries in other equipment rose against the trend, with an increase of 16.8%.

Aiming at this subdivided market, small and medium-sized polymer lithium-ion battery companies are rushing in, but there are very few successful breakthroughs. The reason is that on the one hand, the technical threshold of the high-end digital market is relatively high, and the international manufacturers are stricter in auditing; on the other hand, the quality of lithium-ion products in the low-end market is uneven, and the price war has already started.

As a rising star in the field of polymer lithium-ion batteries, BENZO Energy / UFine Technology Co.,Ltd. (hereinafter referred to as “Benzo Energy”) relies on the technical team's many years of experience in ploughing, high-quality product quality, rich product types and segmentation areas. A persistent attitude has become a "minority" for successful breakthroughs in the mid- to high-end digital market segment.

Chen Zhibin, general manager of Benzo Energy, said that smart wearable devices, POS machines, instrumentation and other market segments have a wide variety of demand for lithium batteries, and the market potential is huge. Although the company was established for a short time, the safety, consistency and stability of the company have kept the company's “0 complaints” high praise since its establishment.

According to the data, Benzo Energy was established in 2013, and is positioned in the research, development, design and manufacture of polymer lithium-ion batteries. The products are widely used in 3C digital, smart wear, smart home, medical beauty equipment, testing equipment, military equipment, etc.

The company has passed ISO9001 quality management system and ISO14001 environmental management system certification. The series products have obtained UL, CE, KC, PSE, CB, RoHS and other certifications.

At present, overseas customers account for 60% of the company's performance contribution, and domestic customers account for 40%. This data is expected to change with the demand of high-end overseas customers. Chen Zhibin revealed.

The expectation of Chen Zhibin is that in May 2018, the company successfully passed the trial of Samsung. The audit team of Samsung has cooperated with international high-end customers for the review of various processes such as R&D, manufacturing and quality control. The company has also begun to supply polymer lithium-ion battery products for Samsung's small wearable devices.

At present, the supply system of world-class companies such as Japan and South Korea seems to have become the default high-standard watershed in the lithium battery industry. The approval of Samsung's auditing factory also means that Benzo Energy's automated production equipment, battery production process and quality control process have achieved industry leading.

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