NEWS

Watch Electronics for Switzerland: First-Half 2026 Exports Slipped 0.7 Percent, and Only 23 of 394 Walsin General Purpose NP0 Parts From 6 to 22 pF in 0201 and 0402 Are on the Hong Kong Shelf, None at 12 pF in 0402

Watch electronics for Switzerland live on small NP0 capacitors, and the shelf is thinner than the catalogue. We counted 394 Walsin General Purpose NP0 parts from 6 to 22 pF in 0201 and 0402. Only 23 are on our Hong Kong shelf, and at 12 pF there is not one in 0402.


Venatech Limited, an authorised Walsin distributor in Hong Kong, holds the Walsin Technology (Walsin) MLCC export of 24,026 rows, 23,601 of them distinct part numbers, and a stock list dated 23 September 2026. This post is for a design engineer or buyer at a Swiss watch, wearable or sensor-module maker who needs a second source for the small NP0 capacitors around a quartz timebase. Every part number is real and every count is ours. Market statements name their source and the day we read it, 23 October 2026.

What do Swiss watch exports say about 2026 for a component buyer?

Flat, with a volatile month. The Federation of the Swiss Watch Industry reported that 2025 exports fell 1.7 percent to 25.6 billion Swiss francs, and the swissinfo report of 21 July 2026 puts first-half 2026 exports at 12.8 billion francs, down 0.7 percent, after June rose 11.2 percent. We read three pages on 23 October 2026.

The Swiss federal SME portal (11 February 2026) adds that the number of watches exported fell 4.8 percent in 2025 to 14.6 million, that the below-500-franc segment dropped 4.5 percent while the 500 to 3,000 franc segment held steady, and that the industry expected 2026 to stay broadly balanced. Swissinfo records June 2026 at about 1.3 million timepieces, up 11.7 percent, after April fell 16.6 percent and May rose 0.4 percent.

Our conclusion, labelled as ours: a flat year with swings from month to month rewards a maker who can buy small lots of the same few values on short notice and who has a second source on file. The sources do not say that. We have no relationship with any Swiss watch brand or supplier.

How many NP0 values does Walsin offer around a quartz timebase in 0201 and 0402?

394 parts across two footprints, of which the shelf covers a sliver. We parsed all 23,601 distinct MLCC part numbers and filtered General Purpose NP0 parts from 6 to 22 pF in 0201 and 0402: 394 parts, 23 on the shelf as at 23 September 2026. A quartz timebase usually sits between two small NP0 capacitors, and the value comes from the crystal datasheet and the board’s stray capacitance, neither of which we know.

Footprint General Purpose NP0 parts, 6 to 22 pF Distinct values Stocked lines Distinct values stocked Match / mismatch (12 pF, ±5%, 50 V load capacitor)
0201 182 26 11 7 Match on 12 pF in 0201N120J500, mismatch on case if yours is 0402
0402 212 23 12 9 Mismatch on shelf: 19 parts at 12 pF, none stocked
Both 394 23

We have not seen this counted anywhere: in 0402 the shelf covers 9 of 23 General Purpose NP0 values between 6 and 22 pF, and 12 pF is not among them. The stocked 0402 values are 6.8, 7.5, 8, 9, 10, 15, 18, 20 and 22 pF. In 0201 the stocked values are 6, 7, 9, 9.1, 12, 18 and 20 pF. We read the pF steps from the Capacitance field of the export, and the 0201 and 0402 counts exclude the Automotive, High Q, Microwave and Ultra-small series, which we leave out of this count.

Which Walsin parts cross a 12 pF, NP0, 0402 load capacitor?

One matches on every electrical field, and the stocked neighbours differ in size or value. Say your board has a 12 pF, NP0, plus or minus 5 percent, 50 V capacitor on a 0402 footprint, and you want to know what Walsin offers.

Walsin part Series Case Capacitance, tolerance, voltage On shelf 23 Sep 2026 Match / mismatch with the brief Your incumbent
0402N120J500 General purpose 0402 12 pF, ±5%, 50 V No Match on case, dielectric, capacitance, tolerance, voltage
0402N120G500 General purpose 0402 12 pF, ±2%, 50 V No Mismatch: tighter tolerance
0201N120J500 General purpose 0201 12 pF, ±5%, 50 V Yes Mismatch: smaller case
0402N100J500 General purpose 0402 10 pF, ±5%, 50 V Yes Mismatch: capacitance is 10 pF
HH15N120J500 High Q & Low ESR HH 0402 12 pF, ±5%, 50 V No Match on electrical fields, mismatch on series
MT15N120J500 Automotive MT, AEC-Q200 0402 12 pF, ±5%, 50 V No Match on electrical fields, mismatch on series

The 12 pF NP0 value exists as 234 distinct parts across all series and sizes, and 50 of them are in 0402, spread over six series. The HH series is the High Q and Low ESR line; all 1,709 of its parts are NP0 and none exceeds 0805. Our post on NP0, X7R and X5R dielectrics explains why NP0 is the dielectric of choice for a timing network. Confirm against both datasheets and qualify in your own circuit, including the frequency-pulling effect of the capacitor you choose.

What does a Hong Kong shelf hold at 12 pF for a Swiss watch maker?

Four lines out of 234. The Walsin export holds 234 distinct 12 pF NP0 part numbers across all series and sizes; our stock list as at 23 September 2026 holds 4 of them: 0201N120J500, 0603N120J500, 1206N120J251 and 1210N120J501. Only one is in a case small enough for a watch-scale board.

Stock moves; the ready stock list is a dated snapshot, never live-synced, and we quote part-number counts, never piece counts. Our post on Walsin passive components in Hong Kong stock covers the shelf, and the MLCC range lists the families. A factory order is the route for the other 230, and a quote is requested through the site.

What will we not tell you about watch electronics?

Anything about horology, timekeeping accuracy or movement qualification. None of the 28 Walsin datasheets we hold, 451 pages, contains the words watch, crystal, oscillator or quartz, and we hold no ISO 9001 certificate. We make no claim that any part suits a watch movement, a smartwatch or a medical wearable.

We hold no office, entity or stock in Switzerland. Our locations are Hong Kong, Shenzhen, Singapore and Jiangmen, with Chengdu in preparation. We give no legal, customs or conformity advice; confirm with your compliance team. We offer lot and date-code traceability, a certificate of conformity per shipment on request and original sealed Walsin packaging. Qualification stays with you.

How can Venatech help a Swiss watch or wearable maker?

By crossing the capacitor you have already chosen and telling you which field differs. Venatech Limited is an authorised Walsin distributor in Hong Kong. Walsin is our only authorised line, and the other lines we supply are Stackpole and Viking.

  • Cross-reference. Paste your incumbent number into the free cross-reference tool, which decodes 18 manufacturers’ part numbers across 800,000+ crossable parts, and read each Walsin candidate with match and mismatch stated field by field.
  • BOM check. Upload a module bill of materials to /bom/, up to 500 part numbers or an Excel or CSV file, and have each line checked against the same engine.
  • Ready stock. The ready stock list is a Hong Kong snapshot dated 23 September 2026.
  • Service. Hong Kong-based, small lots, cross-referencing help, and a quote requested through the site. Our address is Unit 207, 2/F, Sun Ling Plaza, 30 On Kui Street, Fanling, N.T., Hong Kong, telephone (852) 2628 4777.

A worked example from our own export: a 12 pF, 50 V, plus or minus 5 percent NP0 capacitor in 0402 maps to 0402N120J500, not stocked, so it is a factory order, while the stocked 0201N120J500 needs a smaller footprint. The 28 datasheets we hold are sent on request.

The short version

For a Swiss watch or wearable maker, the market is flat, with first-half 2026 exports down 0.7 percent, and the small NP0 shelf is thin. We counted 394 General Purpose NP0 parts from 6 to 22 pF in 0201 and 0402; 23 are on the shelf, and 12 pF in 0402 is not among them. The electrical cross is the easy half, and the footprint is the half you may have to redraw.

Send us one load capacitor from a movement or module board and we will return the Walsin parts with the differences stated and the shelf position named. If your timebase is tuned to a value that is not stocked in your case size, which do you change first, the capacitor or the crystal?

Sources

Read 23 October 2026. The part data comes from our own Walsin export and stock list.

  • swissinfo, “Rising June Swiss watch sales buck 2026 trend”, 21 July 2026: https://www.swissinfo.ch/eng/global-trade/swiss-watches-exports-up-sharply-in-june/91776991
  • Swiss federal SME portal (KMU), “Watchmaking industry remains under pressure”, 11 February 2026: https://www.kmu.admin.ch/kmu/en/home/new/news/2026/watchmaking-industry-under-pressure.html
  • FashionUnited, “Switzerland: watch exports see slight decline in first half”, 22 July 2026 (read; its text is inconsistent about the year, so we rely on swissinfo for first-half figures): https://fashionunited.uk/news/business/switzerland-watch-exports-see-slight-decline-in-first-half/2026072289351

Frequently asked questions

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How did Swiss watch exports do in the first half of 2026?

Swissinfo reported on 21 July 2026 that first-half exports were 12.8 billion Swiss francs, down 0.7 percent, after June rose 11.2 percent to about 2.4 billion francs. The Federation of the Swiss Watch Industry is the underlying source. These are the source’s figures, not ours.

How many NP0 capacitors does Walsin offer from 6 to 22 pF in 0201 and 0402?

We counted 394 General Purpose NP0 parts, 182 in 0201 and 212 in 0402. Our stock list as at 23 September 2026 holds 23 of them, 11 in 0201 and 12 in 0402. Automotive, High Q, Microwave and Ultra-small series are counted separately.

Which Walsin part crosses a 12 pF, NP0, 0402, 5 percent, 50 V capacitor?

0402N120J500 matches on size, dielectric, capacitance, tolerance and voltage, and is not on our shelf as at 23 September 2026. 0201N120J500 is stocked but is a 0201 case. Confirm against both datasheets and qualify in your own circuit.

Do you hold 12 pF NP0 capacitors in Hong Kong stock?

Four of 234 distinct 12 pF NP0 part numbers, as at 23 September 2026: 0201N120J500, 0603N120J500, 1206N120J251 and 1210N120J501. None is in 0402. The ready stock page shows what is held.

Do you claim watch or timing qualification for these parts?

No. None of the 28 Walsin datasheets we hold, 451 pages, contains the words watch, crystal, oscillator or quartz, and we hold no ISO 9001 certificate. We make no suitability claim for any movement or wearable. Qualification stays with you.

Do you hold stock in Switzerland or give customs advice?

No. We hold no office, entity or stock in Switzerland; our locations are Hong Kong, Shenzhen, Singapore and Jiangmen. We give no legal, customs or conformity advice. Confirm with your compliance team.


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