The electronics industry index rose and fell this week: as of April 8, 2022, Shenwan electronics industry fell 4.67% this week, 3.61 percentage points lower than the Shanghai and Shenzhen 300 index, ranking 29th among Shenwan’s 31 primary industries; Shenwan electronics sector fell 4.63% in April 2022, underperforming the CSI 300 index by 4.82 percentage points; Shenwan electronics sector fell 28.91% in 2022, 14.55 percentage points lower than the CSI 300 index.
The secondary sub sectors of the electronics industry rose and fell this week: as of April 8, 2022, the six secondary sub sectors of Shenwan electronics fell in an all-round way this week, from high to low: SW semiconductor (- 5.58%), SW component (- 4.68%), SW consumer electronics (- 4.59%), SW optical photons (- 3.65%), SW electronic chemicals (- 3.52%) and SW other electronics (- 3.32%).
Some news and company developments this week: (1) Jcet Group Co.Ltd(600584) Zheng Li: it is expected that advanced packaging will account for 50% of the total market demand for packaging and testing in 2026; (2) It is said that LGD plans to mass produce OLED panels for folding NB for HP in the third quarter of 2022; (3) Jibang Consulting: the scale of lighting LED market will continue to grow and is expected to reach US $11.1 billion by 2026; (4) British chip design company: the delivery date of chip packaging has been extended to 50 weeks; (5) In March, the net sales of liandian reached NT $22.1 billion, a year-on-year increase of 33%; (6) TCL Huaxing T3 production expansion project is expected to be put into operation in June next year; (7) Jiangsu Jiejie Microelectronics Co.Ltd(300623) : net profit of 497 million yuan in 2021, with a year-on-year increase of 75.34%; (8) Dongguan Dingtong Precision Metal Co.Ltd(688668) : it is proposed to raise no more than 800 million yuan for new energy vehicle connector production and other projects; (9) China Wafer Level Csp Co.Ltd(603005) : the net profit in 2021 increased by 50.95% year-on-year, and it is proposed to pay 2.83 yuan for three transfers and three distributions; (10) Avary Holding (Shenzhen) Co.Limited(002938) : the net profit in the first quarter increased by 65% – 75% year-on-year;; (11) Nantong Jianghai Capacitor Co.Ltd(002484) : the growth target of thin film capacitor in 2023 is more than 40%; (12) Shenzhen Absen Optoelectronic Co.Ltd(300389) : expected net profit of 18 million yuan to 20 million yuan in the first quarter, reversing losses year-on-year; (13) Lingyi Itech (Guangdong) Company(002600) : it is proposed to repurchase shares of RMB 300 million to RMB 600 million.
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.
