The new concept of smart phone and folding screen mobile phone are heating up. At the end of 2021, a series of folding screen mobile phones were released intensively, and the price also dropped to less than 10000 yuan. Mainstream mobile phone brands almost gathered in this new track. On December 15, 2021, oppo launched its first folding screen mobile phone find n, starting from 7699 yuan. On December 23, Huawei released the P50 treasure box of folding screen mobile phones, starting from the price of 8988 yuan, and completed the two-line layout of mate and P series folding screen mobile phones. According to CCID Consulting data, at present, Huawei accounts for nearly 70% of China’s folding screen mobile phone market, followed by Samsung and Xiaomi. In the international market, it is expected that Samsung’s market share will still be about 80% in 2021, occupying the leading position in the global market. After the product bottleneck in the development of smart phones, the concept of folding screen is heating up.
China’s SiC vehicle specification products have made rapid progress, and manufacturers have made frequent actions. On December 26, the official website of CRRC Zhuzhou Crrc Times Electric Co.Ltd(688187) showed that the new generation product c-power220s incubated by the company’s C-car platform was officially released at the second new energy passenger vehicle independent electric drive innovation technology summit forum. This product is the first high-power electric drive product based on independent silicon carbide (SIC) in China, and the system efficiency can reach 94%. On December 29, Great Wall Motor Company Limited(601633) announced the signing of a strategic investment agreement with Hebei Tongguang Semiconductor Co., Ltd., officially entering the third generation semiconductor market. On December 30, basic semiconductor announced that its automobile grade SiC Power module manufacturing base in Xinwu District, Wuxi City was officially put into operation, and the first batch of SiC module products were successfully offline. On December 31, China’s leading silicon carbide substrate enterprise Tianyue advanced began to apply for the purchase, with the purchase price of 82.79 yuan / share and the corresponding financing scale of 3.558 billion yuan, which means that Tianyue advanced will land on the science and innovation board in early January 2022. The prosperity of SiC industry has accelerated, and manufacturers have acted frequently.
Samsung replaced Intel as the first semiconductor seller, and the semiconductor equipment shipment amount rebounded month on month in November: according to IC insights, Samsung’s semiconductor sales in 2021 will be close to US $83.1 billion, with a year-on-year increase of 35%, becoming the largest semiconductor supplier this year. In the context of the recovery of the memory market and the relatively flat sales performance of Intel, Samsung has replaced Intel again as the world’s largest semiconductor manufacturer since the second quarter of 2021. In terms of semiconductor equipment, the shipment amount of semiconductor equipment in North America in November 2021 was US $3.914 billion (a record high), an increase of 51% year-on-year and 4.6% month on month. In November, the shipment of semiconductor equipment in Japan was 281.589 billion yen, a year-on-year increase of 58.3% and a month on month increase of 3.56%. The sales of semiconductor equipment in North America and Japan rebounded month on month, with North America hitting a record high, indicating that the industry is booming.
Bidding of semiconductor equipment: according to the data of electronic trading platform for bidding of mechanical and electrical products, Shanghai Jita added one bidding equipment this week, and Shanghai Huali integration (phase II) added two winning equipment this week, of which Shenyang Kingsemi Co.Ltd(688037) won the bid for two front section brush cleaning equipment.
Investment suggestions: recommend China Resources Microelectronics Limited(688396) , Wingtech Technology Co.Ltd(600745) , Starpower Semiconductor Ltd(603290) in SiC field, pay attention to Zhuzhou Crrc Times Electric Co.Ltd(688187) , Roshow Technoiogy Co.Ltd(002617) , Phenix Optical Company Limited(600071) , etc; Semiconductor equipment recommends Shanghai Wanye Enterprises Co.Ltd(600641) , Kunshan Kinglai Hygienic Materials Co.Ltd(300260) , Suzhou Uigreen Micro&Nano Technologies Co.Ltd(688661) , Naura Technology Group Co.Ltd(002371) , and pays attention to Pnc Process Systems Co.Ltd(603690) , Suzhou Hyc Technology Co.Ltd(688001) ; Mini led recommends Shenzhen Xinyichang Technology Co.Ltd(688383) , Hongli Zhihui Group Co.Ltd(300219) , pays attention to Shenzhen Refond Optoelectronics Co.Ltd(300241) , Shenzhen Longli Technology Co.Ltd(300752) , etc; IC design focuses on Shanghai Belling Corp.Ltd(600171) , 3Peak Incorporated(688536) , Sg Micro Corp(300661) , Chipsea Technologies (Shenzhen) Corp.Ltd(688595) , etc; Folding screen focuses on Triumph Science & Technology Co.Ltd(600552) , Jiangsu Gian Technology Co.Ltd(300709) , Nbtm New Materials Group Co.Ltd(600114) , etc.
Risk warning: downstream demand is less than expected; Domestic substitution is less than expected; Continuous risk of epidemic impact
