SLKOR can address market share erosion by competitors through the following strategies:

Strengthening core advantages:

Technological innovation and R&D investment:

SLKOR has a strong technical team and should continue to increase R&D investments to enhance its independent innovation capabilities. For example, continually optimizing existing product performance, power consumption, and speeding up the development of new products, such as leading the way in technologies like silicon carbide MOSFETs and 5th-generation ultra-fast recovery power diodes.

Improving product quality:

Continue to implement standardized, streamlined, and consistent management processes to keep product defect rates low and ensure that product quality meets or exceeds international standards, building a strong brand image and customer loyalty.

Optimizing the industrial chain layout:

SLKOR should accelerate achieving an autonomous and controllable industrial chain, such as acquiring a testing and packaging factory and organizing an internal team to develop MCU products, reducing reliance on external suppliers, improving production flexibility, response speed, and cost control.

Differentiated competitive strategies:

Product differentiation:

By thoroughly understanding market demands and customer pain points, SLKOR can develop semiconductor products with unique features or application advantages that distinguish them from competitors.

Service differentiation:

Provide high-quality, efficient, and personalized customer service, such as establishing a professional technical support team and offering tailored service packages for major clients to enhance customer loyalty.

Brand differentiation:

Strengthen brand building and promotion to create a unique brand image and culture, increasing brand recognition and reputation in the industry.

Expanding market and customer base:

Exploring new markets:

Actively look for new industries such as IoT, AI, new energy vehicles, and smart home appliances, where semiconductor products have great potential demand.

Strengthening international market expansion:

Enhance brand recognition and influence in international markets by optimizing overseas marketing strategies and collaborating with well-known global enterprises to increase international market share.

Identifying potential customers:

Utilize big data analysis and market research to understand potential customers' needs and behaviors, developing targeted marketing strategies to convert potential customers into actual customers.