Core view of this week: the electronics industry index fell by 3.10% this week. Of the 350 targets, excluding the suspension targets, 90 rose throughout the week, 31 rose more than 3 points per week, 18 rose more than 5 points per week, 254 fell throughout the week, 119 fell more than 3 points per week, and 61 fell more than 5 points per week.
This week, the market’s concern about the negative impact of Shanghai’s epidemic prevention and control on the electronic industry chain in the first quarter began to deepen. From the newly released new cases and asymptomatic data in Shanghai, it is difficult for some enterprises to resume normal production and operation in the short term and maintain the “neutral” rating of the industry.
According to the warm-up of the new machine released by vivo this week, vivo is more likely to release its first folding machine next week. So far, the top five Android smartphone manufacturers with global market share have focused on the folding screen market. In the past year, with the withdrawal of Huawei, the Android brand has shown its decline in the competition with apple in the high-end machine market, The folding screen may have been regarded by the Android brand as one of the dependencies to seize the high-end market share. According to the data, with the continuous stability of process technology in the new links of the industrial chain, the continuous improvement of user experience and the decline of the price of the whole machine, the shipment of folding machine is indeed growing rapidly. According to the statistics of omdia, the global sales of folding screen mobile phones reached 9 million in 2021, with a year-on-year increase of 309%, especially in the second half of the year, the sales reached 8 million. In the long run, the growth of folding screen will bring clear incremental opportunities for some industrial chains.
Last week, Italy France semiconductor sent a price increase letter to the dealers, and will raise the prices of all product lines again in the second quarter of 2022. Italy France semiconductor is the world’s top five MCU and power semiconductor suppliers. From this overall increase in product prices, it can be seen that the growth of downstream industries such as new energy vehicles and photovoltaic has played a clear supporting role in the prosperity of power chips, while the rise of raw materials and logistics costs caused by geographical conflicts, Is exacerbating the shortage of power chips, which is difficult to recover in the short term. Therefore, the prosperity of power semiconductors will be worry free in the short term. Industry focus: huami technology announced today that as of December 31, 2021, the cumulative global shipment of its smart devices has exceeded 200 million units.
The Federal Communications Commission (FCC) on Friday (25th) blacklisted more Chinese enterprises as “unacceptable risks to U.S. national security or people’s security”. The FCC blacklisted Russia based Kaspersky Lab, China Telecom Corporation Limited(601728) (Americas) and China Mobile International USA on Friday. The United States accused these entities of posing a national security risk to the United States.
According to Bloomberg, after the US chip giant NVIDIA failed to acquire arm for $40 billion, Softbank is preparing to promote arm’s initial public offering (IPO) for a valuation of at least $60 billion.
Key stocks and logic recommended this week: the targets of our key stock pool include: Shenzhen Fluence Technology Plc(300647) , Jilin Oled Material Tech Co.Ltd(688378) , Zhuhai Cosmx Battery Co.Ltd(688772) , Wingtech Technology Co.Ltd(600745) , Ningbo Kangqiang Electronics Co.Ltd(002119) , Tdg Holding Co.Ltd(600330) .
Risk tips: (1) systemic risk caused by the unexpected decline of the market; (2) Focus on the uncertainty risk of promoting relevant matters of the company.
