The electronics industry index rose and fell this week: as of April 1, 2022, Shenwan electronics industry fell 3.10% this week, losing 5.53 percentage points to the Shanghai and Shenzhen 300 index, ranking 31st among Shenwan’s 31 primary industries; Shenwan electronics sector fell 14.93% in March 2022, underperforming the CSI 300 index by 8.27 percentage points; Shenwan electronics sector fell by 25.43% in 2022, 11.98 percentage points lower than Shanghai and Shenzhen 300 index.
The secondary sub sectors of the electronics industry rose and fell this week: as of April 1, 2022, the six secondary sub sectors of Shenwan electronics fell in an all-round way this week, from high to low: SW consumer electronics (- 5.16%), SW semiconductor (- 3.32%), SW other electronics (- 2.75%), SW electronic chemicals (- 2.43%), SW components (- 1.91%) and SW optical Optoelectronics (- 1.27%).
Some news and company developments this week: (1) LCDTV panel price has stopped falling, and the panel factory may reduce production to deal with it; (2) Cinnor research: in February, China’s smartphone sales fell by more than 20% on the same and month on month basis; (3) Organization: in February, the global supply of digital cameras decreased to 490000, a decrease of 27%; (4) India Huaxing’s production capacity will reach 2 million in May and has passed the factory audit certification of three world top customers; (5) TSMC’s wafer 21 plant in the United States will be installed in the first quarter of next year; (6) TSMC’s wafer 21 plant in the United States will be installed in the first quarter of next year; (7) Wuxi Nce Power Co.Ltd(605111) : the net profit in the first quarter is expected to increase by 33.08% – 46.39% year-on-year; (8) Hangzhou Silan Microelectronics Co.Ltd(600460) : the revenue target in 2022 is about 10 billion, and the main growth point is IPM module and other products; (9) Shanghai Fudan Microelectronics Group Co.Ltd(688385) : the net profit in the first quarter is expected to increase by 126% – 189% year-on-year; (10) Nations Technologies Inc(300077) : the net profit in 2021 was 219 million yuan, with a year-on-year increase of 184909%; (11) Sai Microelectronics Inc(300456) : the subsidiary signed a strategic cooperation agreement with an internationally renowned lidar manufacturer.
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.
