The release of Huawei P50 folding screen mobile phone is expected to drive a new round of consumer electronics market. On December 23, at Huawei’s winter flagship new product launch, Huawei released its vertically folded folding screen product – p50pocket, which adopts Vientiane double ring design and is a lens module stacked up and down and a circular outer screen. At present, many manufacturers, including oppo, vivo and Xiaomi, have entered the folding screen mobile phone market. Apple has also laid out a number of folding screen patents in recent years. After market cultivation and continuous technical iteration in previous years, folding screen mobile phones will gradually become popular. Once Apple enters the market, it will drive a new round of consumer electronics growth.
BOE released the first technology brand in China’s semiconductor display field, and domestic display technology deserves attention. On December 21, BOE officially released the first technology brand in China’s semiconductor display field, namely high-end liquid crystal display technology adspro, high-end flexible display technology f-oled and high-end glass based new LED display technology α- Mled three technology brand systems. At present, domestic panels are gradually replaced by imports.
Italy France semiconductor released a outlook report, which predicts that the production capacity will return to normal in 2023 and the wafer production capacity will increase significantly in 2024. Xie Li, President, issued a review of 2021 and outlook for 2022. It is expected that the global chip shortage will gradually improve in 2022 and will not return to the “normal” level until at least the first half of 2023.
The market of electronic plate is stronger than the market
From December 20 to December 24, the Shanghai index fell 0.39%, and CITIC electronics rose 0.26%, outperforming the market by 0.65 percentage points. Year to date, the Shanghai index rose 4.17%, CITIC electronics rose 16.11%, outperforming the market by 11.93 percentage points. From December 20 to December 24, the Philadelphia Semiconductor Index rose 4.56%.
Increase in electronic industry segments
From December 20 to December 24, 11 sectors in the electronics segment rose and 7 sectors fell. Among them, PCB, components and display zero group increased the most, by 6.31%, 4.07% and 4.00% respectively.
Individual stocks up and down: A shares
From December 20 to December 24, the top five companies in the electronics industry were Wus Printed Circuit (Kunshan) Co.Ltd(002463) , Shenzhen Kinwong Electronic Co.Ltd(603228) , Suntak Technology Co.Ltd(002815) , Lianchuang Electronic Technology Co.Ltd(002036) and Ofilm Group Co.Ltd(002456) , up 17.81%, 17.01%, 16.71%, 16.00% and 15.94% respectively; The companies with the top five declines were Shenzhen Aoto Electronics Co.Ltd(002587) , Shenzhen Success Electronics Co.Ltd(002289) , Xi’An Peri Power Semiconductor Converting Technology Co.Ltd(300831) , Suzhou Ta&A Ultra Clean Technology Co.Ltd(300390) and Nuode Investment Co.Ltd(600110) , down 18.25%, 17.66%, 15.76%, 15.19% and 15.11% respectively.
Investment advice
It is recommended to pay attention to folding screen related companies: Triumph Science & Technology Co.Ltd(600552) , Wuhu Token Sciences Co.Ltd(300088) , Hubei Dinglong Co.Ltd(300054) , Sanan Optoelectronics Co.Ltd(600703) , Starpower Semiconductor Ltd(603290) , Macmic Science & Technology Co.Ltd(688711) , China Resources Microelectronics Limited(688396) , Hangzhou Silan Microelectronics Co.Ltd(600460) , etc.
Risk statement
The technology maturity of folding screen mobile phones is less than expected, and the downstream demand is less than expected.
