2022 CES opens, focusing on scientific and technological highlights such as automotive intelligence and metauniverse. The International Consumer Electronics Exhibition (ces2022) opened in Las Vegas this week. The exhibition focuses on black technologies such as automotive intelligence and metauniverse. With the acceleration of intelligent and electrification of various brands of vehicles, BMW officially released its second pure electric M model ixm60; Cadillac released a new product - innerspace self driving concept car; Volvo releases concept recharge, a pure electric concept car; Sony announced the establishment of Sony mobile, a Sony mobile travel company, and officially entered the smart car industry. In terms of metauniverse, NVIDIA's metauniverse creation tool Omniverse will be officially open to creators. Qualcomm announced that it is cooperating with Microsoft to develop augmented reality chips. In terms of hardware, Sony released Playstation VR2, and its subsidiary shiftall also released VR glasses meganex. TCL launched the first AR smart glasses - Thunderbird smart glasses pioneer version, which adopts the latest holographic optical waveguide technology and two built-in full-color micro LED display modules.
With the rapid development of intelligent and electric vehicles, intelligent new energy vehicles have entered a golden decade of rapid growth. Recently, Mercedes Benz was approved by KBA in Germany, and its S-class and EQS flagship cars were approved by L3 automatic driving on the road. In China, we see that Weilai has released the new model CT 5 again, Huawei has created a new car manufacturing model, and Xiaomi has stepped into the automobile industry, which all imply the general development trend of intelligent and electric vehicles. At the same time, according to canalys, electric vehicles will account for more than 7% of global new car sales in 2021, with a further increase of 66%, and the sales volume will exceed 5 million; In 2028, the sales volume of electric vehicles will increase to 30 million; By 2030, electric vehicles will account for nearly half of the total sales of passenger vehicles in the world.
The continuous improvement of silicon content in vehicles has promoted the accelerated expansion of vehicle semiconductor market. With the improvement of the trend of automotive intelligence and electrification, the content of silicon in vehicles is expected to surge, driving the continuous growth of the semiconductor market. According to sumco's data, we can see that in 2021, the demand for 6 / 8 / 12 inch silicon wafers for automotive semiconductors is expected to be 40 / 100 / 300000 Wafers / month, and by 2024, the monthly demand for the three different sizes of wafers is expected to reach 40 / 150 / 400000 wafers, which will further promote the accelerated expansion of the semiconductor market.
There is a huge market space for the vehicle optical gold competition. Adas has accelerated its penetration. At present, major car manufacturers have formulated their development plans for autonomous vehicles. After the introduction of high-level ADAS vehicles by global mainstream car manufacturers such as new energy brands, Mercedes Benz, BMW and Volkswagen, it is expected to drive the pace of automatic driving development of other fuel car manufacturers, and the penetration rate of ADAS will be further improved, which is deeply beneficial to the market of on-board lens and lidar.
Metacosmic acceleration and empowerment, VR application, multi-point flowering. In the 5g era, a lot of processing can be done on the edge cloud through cloud computing. Doing this processing with high CPU / GPU will not consume too much power consumption. It can be quickly transmitted locally through 5g fast connection, which will strongly support the improvement of users' VR product experience. VR applications blossom at multiple points, with strong driving needs such as games, film viewing and live broadcasting. In the future, with the continuous improvement of the VR industry chain and the accumulation of rich data, it will show a strong flywheel effect, quickly drive the industry reform, give birth to more business models and create more business value.
Attach great importance to the unprecedented reconstruction and change of China's semiconductor and automobile industry pattern, as well as the leader of consumer electronics segment:
1) semiconductor core design: industrial opportunities such as optical chip, storage, simulation, RF, power, FPGA, processor and IP;
2) semiconductor OEM, packaging and testing and supporting service industry chain;
3) core target of intelligent vehicle;
4) VR, miniled, panel, optics, battery and other subdivision tracks;
5) core leading company of Apple industrial chain.
See investment suggestions on the last page for relevant core targets
Risk warning: downstream demand is less than expected; Sino US trade friction.
