Following the successful development of IGBT, Wingtech Technology Co.Ltd(600745) ( Wingtech Technology Co.Ltd(600745) ) released another news that shook the market.
On the evening of March 10, Wingtech Technology Co.Ltd(600745) announced that the company had carried out computer, smart home and other business cooperation with specific overseas customers and signed cooperation agreements; Recently, smart home project has started mass production and realized normal shipment, and the total amount of cooperation is expected to be about 5 billion yuan
As soon as the news came out, the market speculated whether it was Apple’s order? Does it mark another step for Wingtech Technology Co.Ltd(600745) in fruit chain supply?
or apple order
Wingtech Technology Co.Ltd(600745) is the world’s largest mobile phone ODM (original design and manufacturing) enterprise. At present, there are three business segments: semiconductor business, product integration business and optical business. It is announced that this order involves product integration business.
on March 11, Wingtech Technology Co.Ltd(600745) Securities Department told the 21st Century Business Herald reporter, “the company’s product integration business comes from mobile phone ODM and extends to tablet, laptop, IOT, server, automotive electronics and other fields.”
The announcement did not further introduce the specific situation of smart home, and the person also said that it was “inconvenient to disclose” the relevant problems of order customers.
However, it is not surprising that the market points specific overseas customers to apple. After all, in the view of the market, only Apple’s orders are worth special “official publicity”. On the other hand, Wen Tai has a deep relationship with apple.
Wingtech Technology Co.Ltd(600745) itself is a link in Apple’s industrial chain. It once said on the interactive platform that the company’s shipments to apple are mainly products in the field of mobile and wearable devices. This is exactly in line with the description that this order is a product integration business
In addition, Wingtech Technology Co.Ltd(600745) acquired relevant equipment owned by Ofilm Group Co.Ltd(002456) Guangzhou delta Image Technology Co., Ltd. and Jiangxi Jingrun Optical Co., Ltd. in March 2021, which were previously engaged in Apple camera supply business. By November, Wingtech Technology Co.Ltd(600745) announced that the first batch of mass-produced products of specific overseas customers had been delivered, and the products entered the stage of mass delivery.
The announcement also said that the smart home project is the first cooperation project, and there will be broader cooperation in the future.
boost performance
Although many evidences point to Apple as the supplier, there are not many public information inquiries about the products specifically involved in the smart home business. On March 11, Wingtech Technology Co.Ltd(600745) in an interview with reporters, refused to disclose the specific cooperative smart home products, saying that the situation that needs to be disclosed will be announced in time.
It is reported that the scope of smart home is relatively wide. Mobile phones, computers, tablets and TVs belong to the smart home product line, and many apple product lines are around the smart home layout.
announced that the cooperation with specific overseas customers in product integration business has expanded the company’s product field and optimized the company’s customer structure, which will have a positive impact on the company’s operating results in 2022 and future years smart home’s smooth mass production and shipment also laid the foundation for the company to carry out multi product cooperation with specific overseas customers.
In the first three quarters of last year, Wingtech Technology Co.Ltd(600745) achieved a revenue of 38.65 billion yuan and a net profit attributable to the parent company of 2.041 billion yuan.
On March 11, Wingtech Technology Co.Ltd(600745) closed at 109.35 yuan / share, up 1.06%, with a market value of 146.41 billion yuan.
