The electronics industry index rose and fell this week: as of January 28, 2022, Shenwan electronics industry fell 5.27% this week, 0.76 percentage points lower than the Shanghai and Shenzhen 300 index, ranking 17th in Shenwan 31 and the industry; Shenwan electronics sector fell by 13.39% in January 2022, underperforming the CSI 300 index by 5.76 percentage points; Shenwan electronics sector fell by 13.39% in 2022, underperforming the CSI 300 index by 5.76 percentage points.
The secondary sub sectors of the electronics industry rose or fell this week: as of January 28, 2022, the six secondary sub sectors of Shenwan electronics fell in an all-round way. The rise and fall ranges from high to low are: SW other electronics (- 2.75%), SW components (- 4.23%), SW consumer electronics (- 4.34%), SW electronic chemicals (- 5.12%) and SW optical Optoelectronics (- 6.78%).
Some news and company dynamics this week: (1) organization: Apple has made progress in India, and the quarterly sales volume of iPhone has increased by a record 34%; (2) Sony: the sales volume of ps5 in this fiscal year will be lower than the expected target by 3.3 million units; (3) IDC: in 2021, 169 million tablets were shipped worldwide, with a year-on-year increase of 3.2%; (4) The Ministry of industry and information technology issued a statement on the revocation of China United Network Communications Limited(600050) 214 licenses in the United States; (5) Qualcomm’s adjusted revenue of US $10.7 billion in the first fiscal quarter is expected to be US $10.423 billion; (6) AMD’s fourth quarter revenue was $4.8 billion, and analysts expected $4.5 billion; (7) The fourth quarter revenue of Google’s parent company was US $75.33 billion, and the company announced a share split of 20-1; (8) In 2021, Apple’s iPhone set an all-time high share in the European market; (9) Apple reportedly plans to release its low-cost 5g iPhone and iPad in early March.
Weekly view of the electronics industry: the prosperity of the global electronics industry is divided. On the one hand, the prosperity of notebook computers, LCD panels, driver ICs and other sub sectors benefiting from the epidemic has fallen, and the demand for mobile phones / PCS and security has slowed down; On the other hand, the domestic alternative main line represented by semiconductor equipment and materials has maintained a high boom, while automotive electronics and AR / VR have become the main driving forces of industry innovation. It is recommended to focus on Goertek Inc(002241) (002241), Wuhu Token Sciences Co.Ltd(300088) (300088), Wuxi Nce Power Co.Ltd(605111) (605111), Naura Technology Group Co.Ltd(002371) (002371), Starpower Semiconductor Ltd(603290) (603290), Suzhou Dongshan Precision Manufacturing Co.Ltd(002384) (002384) and Sanan Optoelectronics Co.Ltd(600703) (600703).
Risk tip: the downstream demand is not as expected, the domestic substitution is not as expected, and the innovation of the industry slows down.
