The electronics industry index rose and fell this week: as of March 25, 2022, Shenwan electronics industry fell 3.10% this week, 0.96 percentage points lower than the Shanghai and Shenzhen 300 index, ranking 27th among Shenwan’s 31 primary industries; Shenwan electronics fell by 12.21 in March 2022, 3.33 percentage points lower than the CSI 300 index; Shenwan electronics sector fell by 23.04% in 2022, underperforming the CSI 300 index by 7.54 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 other electronics (- 0.14%), SW optics and Optoelectronics (- 1.07%), SW electronic chemicals (- 2.30%), SW consumer electronics (- 2.82%), SW components (- 3.05%) and SW semiconductors (- 4.77%).
Some news and company developments this week: (1) 1 Xiaomi group: the adjusted net profit in the fourth quarter was 4.47 billion yuan, a year-on-year increase of 39.6%; (2) Omdia: in 2021, the shipment of folding screen intelligent machines increased by 309% year-on-year; (3) Organization: affected by the shortage of chips, it is estimated that the global automobile production will be reduced by 1.8842 million this year; (4) Organization: in 2021, the shipment volume of China’s personal computer market increased by 10% (5). It was reported that the quotation of high-end graphics cards avalanched, and some products fell by 35% one day; (6) Wuxi Nce Power Co.Ltd(605111) : the net profit in 2021 will increase by 194.55% to 410 million yuan, and it is proposed to allocate 575 million yuan to 10; (7) The inventory level of Huaxing optoelectronics industry is lower than that of Huaxing optoelectronics industry; (8) Shengyi Electronics Co.Ltd(688183) : the net profit in 2021 decreased by 39.83% year-on-year, and it is proposed to pay 1.6 yuan for 10; (9) Allwinnertech Technology Co.Ltd(300458) : the net profit in 2021 increased by 141.49% year-on-year, and it is proposed to transfer RMB 10 to RMB 9.
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’s suggested to grasp the high-profile subdivision of the electronics industry, and suggest a proposal to grasp the high-profile subdivision of the electronics industry. It’s suggested to grasp the high-profile subdivision of the electronics industry. It’s suggested to grasp the high-profile subdivision of the electronics industry, and focus on the high-profile subdivision of the electronics industry. It’s suggested to grasp the high-profile subdivision of the electronics industry, focusing on the high-profile subdivision of the electronics industry, focusing on the high-profile subdivision of the electronics industry, focusing on the high-profile subdivision of the electronics industry, focusing on the high-profile subdivision of the electronics industry, paying attention to the high-profile subdivision of the electronics industry, and paying attention to the high-profile subdivision of Goertek Inc(002241) Goertek Inc(002241) \yes.
Risk tip: the downstream demand is not as expected, the domestic substitution is not as expected, and the innovation of the industry slows down.
