Automotive certification refers to a series of tests and audits conducted to ensure that products meet relevant safety, reliability, and environmental standards in the automotive industry. However, obtaining automotive certification requires significant investments of time, manpower, and financial resources, including testing, document preparation, and audit procedures. This could impose substantial cost pressure on the company, especially when sales volumes are relatively low.

Within the context of considering the overall cost and benefits, Slkor may need to weigh the pros and cons of investing resources in automotive certification. If market demand and sales expectations grow, pursuing automotive certification may be a worthwhile option. Certified products are more likely to enter the market and gain consumer trust, thereby increasing sales revenue and market share.

However, if sales volumes remain relatively low and the costs and time required for certification are prohibitively high for the company, the decision to postpone automotive certification is understandable. The company can continue to monitor market trends and consumer demands and evaluate the necessity of certification in the future.

During this process, Slkor can consider implementing other measures to enhance the market competitiveness and sales volume of its products, such as strengthening marketing efforts, collaborating with partners for promotional activities, improving product performance and quality, etc. By taking a comprehensive approach that considers costs, sales volumes, and market demands, Slkor can develop the most suitable strategy to ensure sustainable growth and business expansion.

About Slkor

With an elite team from prestigious Chinese Tsinghua University and Korean Seoul Yonsei University, Shenzhen Slkor Micro Semicon Co., Ltd. is dedicated to the third generation semiconductor SiC power devices and conventional semiconductor devices. We are strong on the relevant methodologies, new materials, new technologies and new products. Our products cover discrete devices and ICs,  diodes, transistors, power devices, power management chips, and analogue chips etc. Under the strong leadership of Mr. Song Shiqiang, the CEO of Slkor, starts from an IP design house, Slkor is now a national high-tech enterprise covering the R&D, production and sales service of semiconductor devices. Slkor provides quality domestic equivalents of semiconductor from major international players. For prompt services, Slkor has two flagship stores in the world famous hardware valley Shenzhen Huaqiangbei.