Ruminations on the electronics industry from David Manners, of Electronics Weekly.
Made to meet the U2J specification, the family has a linear -750±120ppm/ºC temperature coefficient – compared to zero for C0G/NP0 and non-linear for X7R – and works from -55 to +125ºC.
“It also provides superior temperature performance over X7R, X8R and X5R, rendering it an ideal capacitor solution for many applications including telecom, data acquisition and internet of things,” claimed the firm. “These U2J capacitors offer the highest capacitance values for Class-I ceramic dielectrics in the industry while providing excellent voltage stability similar to our C0G.”
They retain over 99% of nominal capacitance at full rated voltage and extend the available capacitance of Class-I dielectric MLCCs up to 470nF in a 1812 (metric 4532) case size.
The U2J capacitors are Pb-Free, RoHS and REACH compliant without exemptions, and are available now in commercial grade, with a flexible termination option.
The reason funding moved higher while deal activity dropped is that some larger startups such as those of Snapchat, Didi Chuxing, and Uber all saw huge rounds, accounting for much of the funding.
In North America, Uber and Snapchat accounted for more than $4.5 billion of the $17.1 billion in total investment.
“Many of the high-profile tech [initial public offerings] from 2015 continue to trade well below their initial offering price, putting pressure on private company valuations,” said Brian Hughes of KPMG. “This, combined with economic concerns in China and Europe, has continued to put a damper on VC investment.”
“There isn’t any reason to expect an uptick in deal activity in the coming quarters, and it is likely that a handful of deals will probably keep funding levels looking OK,” said Anand Sanwal, of CB Insights, “to a large extent, those mega-deals serve to hide a bit of the weakness in the markets as they make funding levels look healthy. And right now, there is no catalyst to increase deal activity.”
While there might have been more billion dollar companies minted in the second quarter than in the first, there were yet again more “down events”—companies raising new money or being acquired at a lower valuation—than there were unicorns created.
Seven startups reached the unicorn club in the past four months, but CB Insights’ downround tracker shows that 17 failed to live up to expectations and experienced down events over that time.
Unicorn creation saw its most recent peak in the third quarter of last year, when 25 were birthed.
The silver lining to be found is that this year faced a high bar set from the records of 2015, and a pullback shouldn’t be all that surprising.
“While the deal levels look poor, especially relative to the ebullience we saw in Q3 2015, if you look at this quarter’s numbers against a longer time frame, we’re still at very healthy funding and deal levels,” Sanwal said. “In other words, the sky is not falling, but the forecast is definitely uncertain.”