The electronics industry index rose and fell this week: as of March 4, 2022, Shenwan electronics industry fell 4.26% this week, 2.58 percentage points lower than the Shanghai and Shenzhen 300 index, ranking 30th among Shenwan’s 31 primary industries; Shenwan electronics sector fell 4.09% in March 2022, underperforming the CSI 300 index by 2.23 percentage points; Shenwan electronics sector fell by 15.92% in 2022, underperforming the CSI 300 index by 6.93 percentage points.
The secondary sub sectors of the electronics industry rose and fell this week: the six secondary sub sectors of Shenwan electronics fell in an all-round way this week, from high to low: SW consumer electronics (- 7.41%), SW other electronics (- 6.38%), SW components (- 5.05%), SW optical Optoelectronics (- 3.60%), SW semiconductor (- 2.17%) and SW electronic chemicals (- 1.38%).
Some news and company news this week: (1) Volvo: testing the wireless charging technology of electric vehicles; (2) It is reported that Foxconn and Luxshare Precision Industry Co.Ltd(002475) may still be on the candidate list of Apple automobile OEM; (3) Jianan technology’s revenue in the fourth quarter of 2021 was RMB 2184.6 million, a month on month increase of 65.8%; (4) Canalys: it is estimated that from 2021 to 2024, the annual compound growth rate of the shipments of folding screen smart phones will reach 53%; (5) Wuxi Nce Power Co.Ltd(605111) performance express: net profit in 2021 increased by 195% year on year; (7) Supply chain person: Sanan Optoelectronics Co.Ltd(600703) recently successfully passed the apple miniled supplier certification; (8) Western Digital lowered its performance expectation for the third quarter, falling nearly 6% after hours; (9) The revenue of liandian in February increased by 39.2% year-on-year, reaching a new high in a single month; (10) Financial Associated Press, March 5 (Xinhua) — Hon Hai’s sales in February were NT $455.03 billion, a year-on-year increase of 13%.
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 suggested to grasp the high-profile segments of the electronics industry and pay attention to Goertek Inc(002241) ( Goertek Inc(002241) ), Wuhu Token Sciences Co.Ltd(300088) ( Wuhu Token Sciences Co.Ltd(300088) ), Wuxi Nce Power Co.Ltd(605111) ( Wuxi Nce Power Co.Ltd(605111) ), Naura Technology Group Co.Ltd(002371) ( Naura Technology Group Co.Ltd(002371) ), Starpower Semiconductor Ltd(603290) ( Starpower Semiconductor Ltd(603290) ), Suzhou Dongshan Precision Manufacturing Co.Ltd(002384) . ( Suzhou Dongshan Precision Manufacturing Co.Ltd(002384) ) and Sanan Optoelectronics Co.Ltd(600703) ( Sanan Optoelectronics Co.Ltd(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.
