Sichuan caizhou viewpoint
Last week, the performance of the electronics industry continued to callback, and the segments fell across the board. In terms of each fine molecular sector, the decline of semiconductor equipment was slightly lower than that of the whole, and the optical element sector fell 6.44%, with the weakest performance. Affected by the epidemic, the control of logistics and transportation across provinces and cities has been upgraded, and the inventory of materials required for enterprise production has gradually bottomed out, especially in the Yangtze River Delta centered on Shanghai. The region is an important city of China’s semiconductor, automobile and other industries, and the phased impact of epidemic control on relevant industries is more obvious. In addition, the performance of the consumer electronics market continues to be weak. On the whole, the electronics industry is still relatively under pressure in the short term.
Market performance in one week
Last week, the Shenwan electronics industry fell 4.20%, the Shanghai stock index fell 1.25%, and the Shanghai and Shenzhen 300 index fell 1.00%. Among the sub sectors, the optical components sector fell 6.44%, other electronic III sectors fell 6.31%, and the LED sector fell 5.82%. In terms of individual stocks, the top three companies in the electronics industry in the week are: Weijie Chuangxin (688153. Sh, 16.81%), Shenzhen Chuangyitong Technology Co.Ltd(300991) ( Shenzhen Chuangyitong Technology Co.Ltd(300991) . SZ, 14.61%), Guangdong Huafeng New Energy Technology Co.Ltd(002806) ( Guangdong Huafeng New Energy Technology Co.Ltd(002806) . SZ, 7.71%); The companies with the first three weeks of decline are: ST danbang ( Shenzhen Danbond Technology Co.Ltd(002618) .sz, – 18.75%), Ningbo Yong Xin Optics Co.Ltd(603297) ( Ningbo Yong Xin Optics Co.Ltd(603297) . Sh, – 15.41%), Inventronics (Hangzhou) Inc(300582) ( Inventronics (Hangzhou) Inc(300582) . SZ, – 15.32%).
Industry dynamics
Autoforecast solutions reported that due to the shortage of chips, the estimated global automobile sales have decreased by about 1.4 million since the beginning of the year. 98900 vehicles will not be assembled last week, of which 97600 will be assembled in European assembly plants. (Aiji wechat)
Semi said that from the beginning of 2020 to the end of 2024, global semiconductor manufacturers are expected to increase the production capacity of 8-inch wafer factories by 1.2 million pieces, or 21%, to a record high of 6.9 million pieces per month. Samsung plans to develop multi-layer capacitors (MLCC) for the global automotive market under the high-temperature environment, and provide power for Samsung to develop a variety of automotive parts and components (MLCC). (Aiji microgrid) on April 11, the national power investment Haiyang nuclear power “nuclear + photovoltaic” project was officially put into operation, with an installed capacity of 1009 kW and an annual power generation of about 1.26 million kwh. The project adopts the mode of “local inverter and centralized grid connection”, and makes efficient use of the spare space in the plant to build a distributed photovoltaic power generation system. (Economic Vision Network) due to the spread of the epidemic, Kunshan City is controlled by manpower and logistics. The surrounding OEM and ODM factories can only rely on the inventory in the factory to meet the demand of the production line at a low level, and the problem of long and short materials is further expanded. It is expected that after the regions are unsealed one after another, the short-term demand for finished product shipment and material replenishment will lead to a sharp increase in logistics volume, which will cause traffic jam at the customs gate and prolong the delivery time. (Jibang consulting)
Recently, Synopsys is being investigated by the US Department of Commerce. The reason is that the company provides chip design and software for Hisilicon semiconductor. Xinsi technology responded that the company complied with all regulations and would actively cooperate with the investigation.
(Tencent)
Company announcement
Longi Green Energy Technology Co.Ltd(601012) : on April 13, Longi Green Energy Technology Co.Ltd(601012) raised the p-type M10 165 of monocrystalline silicon wafer μ M thickness (182 / 247mm) ￥ 6.82, with an increase of 1.8%.
Jingke energy: the company launched n-type BIPV color steel tile products – Jingcai series. Crystal color BIPV takes the lead in adopting 182n module in the industry, with mass production output power up to 375W and efficiency up to 21.54%.
Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) group: Arctech Solar Holding Co.Ltd(688408) and East China survey, design and Research Institute of Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) group reached a cooperation agreement on 257mw support system of ceme1 project in Chile.
Intel: its Irish factory Fab 34 delivered the first EUV lithography machine. The equipment is manufactured by ASML and is a key link of intel4 process technology. This means that Fab 34 will be the first plant outside the plant to run the new EUV technology.
Honda: the company plans to invest about US $64 billion in R & D within 10 years, including about US $39.88 billion in electrification and software technology. The company aims to launch more than 30 electric vehicles by 2030 and produce about 2 million vehicles per year.
Taiwan Li Ji Dian: the company’s China Taiwan Hsinchu science and Technology Park 12 inches factory was built, completed the construction of the factory clean room facilities by the end of 2022, and then the transfer equipment is expected to start mass production in the third quarter of 2023.
Risk tips: the impact of the epidemic spread exceeded expectations, the resurgence of US science and technology sanctions, and the pressure on the price rise of new energy vehicles remains unabated.
