Main points:
Science and technology perspective weekly gathering (Part 2) 1) Huawei releases a new house wide smart host to cover small and medium-sized households and reach more users. At Huawei's spring press conference, the smart host se appeared, reducing the price threshold of the whole house smart from 100 square meters (99999 yuan for three rooms and two halls) and 200 square meters (149999 yuan for five rooms and two halls) last year to 39999 yuan for two rooms and one hall (about 80 square meters), which is expected to reach more family customers.
2) Huawei's whole house intelligent "1 + 2 + n solution" is a refinement of the "AllInOne" multi integrated Internet of things strategy. Its core is composed of one whole house intelligent host + two intelligent networks + n subsystems. By placing an intelligent host at home, users can connect all hardware and systems at home through WiFi 6 and PLC networks. Huawei smart home may first open the market through end B. at present, Huawei whole house Smart has reached strategic cooperation with many top properties such as Greenland, rongchuang, CNOOC, Vanke, China Resources, Jinmao, Greentown, Shimao, Yongdexin and Yulong. In addition to the real estate field, the scheme will also meet the management needs of office buildings, hotels, schools, residential properties and other scenes for security, lighting and space management in the future.
3) Huawei's whole house intelligent solution promotes the rapid growth of smart home market. According to IDC data, in the next five years, the shipment volume of China's smart home market will continue to grow at a compound annual growth rate of 21.4%, and the shipment volume will be close to 540 million units in 2025. The whole house intelligent solution is expected to further improve the penetration of smart home hardware equipment. At present, China's smart home market is still dominated by single products, and whole house intelligence is an important development trend in the future. The two networks of Huawei whole house intelligence are the core of the whole house intelligent solution, breaking the current single product model of smart home island.
4) the two intelligent networks of Huawei are composed of PLC power carrier communication network and wi-fi6 wireless communication network. Huawei adopts industrial grade mimo-plc system and chip to replace the original siso-plc to realize "power is network", the latest plcturbo2 0 bandwidth exceeds Gigabit, which is expected to drive the hot sales of online distributed routing. Huawei's child parent routing adopts wifi6, which improves the highest speed rate by three times compared with wifi5, and reduces the communication delay. It can meet the needs of more F5G application scenarios such as XR, cloud games and ultra-high definition video. Wifi6 home market is expected to penetrate rapidly.
Investment advice
Under the pressure of mobile phone and other consumer businesses, Huawei's "1 + 8 + n" continues to expand. The amazing release of the whole house intelligent solution will accelerate the development of China's smart home industry. We believe that the power carrier (PLC), aiot and Gigabit broadband industrial chain will benefit.
1) PLC plays an important role in Huawei's whole house intelligent solution. It can realize narrowband communication functions such as smart home control (ieee1901.1 standard) and broadband communication functions of whole house WiFi 6 child parent routing (g.hn standard). With the latest self-developed Lingxiao 650 chip and AI noise reduction algorithm, ultra Gigabit PLC transmission can be realized, which opens up great potential for PLC communication from industry to home decoration. In the future, for smart homes and home appliances or built-in PLC modules, we suggest to pay attention to Huawei's PLC IOT ecological partners and Willfar Information Technology Co.Ltd(688100) , Leaguer (Shenzhen) Microelectronics Corp(688589) , chuangyao technology, Qingdao Eastsoft Communication Technology Co.Ltd(300183) etc. with PLC chip capability in the industry.
2) Huawei plcturbo2 0 technology supports ultra Gigabit power line transmission, or accelerates Gigabit broadband whole house deployment. At present, there are three ways of Gigabit broadband whole house scheme: gigabit network cable, optical fiber (FTTR) and PLC. We believe that the penetration rate of FTTR in front of the real estate will be gradually increased, and the PLC wiring and modification is simple, which is more suitable for existing residents. We predict that the number of Gigabit broadband users in China will exceed 300 million by 2025, including nearly 80 million FTTR users. It is suggested to pay attention to the related targets of Gigabit broadband industrial chain optical cat, WiFi 6 router and 10gpon chip, such as Hangzhou Anysoft Information Technology Co.Ltd(300571) , Skyworth Digital Co.Ltd(000810) , Sichuan Tianyi Comheart Telecom Co.Ltd(300504) , Shenzhen Gongjin Electronics Co.Ltd(603118) , Henan Shijia Photons Technology Co.Ltd(688313) , etc.
3) Huawei whole house intelligence takes Huawei hilink as the underlying framework, Hongmeng as the operating system, and "Smart Life" app as the control center, which will promote the ecological development of Hongmeng aiot. At present, wifimcu is the main connection mode of smart home & home appliances. It is recommended to pay attention to Espressif Systems (Shanghai) Co.Ltd(688018) , Beken Corporation(603068) , Zoje technology, etc.
Risk tips
The front loading of smart whole house real estate is less than expected, the promotion of Gigabit broadband by operators is less than expected, the lack of innovation of smart home products leads to lower than expected purchases by consumers, and the Sino US science and technology friction affects the stability of the supply chain.
