Rise and fall of electronic industry index this week: as of January 14, 2022, Shenwan electronic industry fell 2.33% this week, 1.16 percentage points lower than Shanghai and Shenzhen 300 index, ranking 24th in Shenwan 31 and the industry; Shenwan electronics fell 7.50% in January 2022, 3.97 percentage points lower than the CSI 300 index; Shenwan electronics sector fell 7.50% in 2022, underperforming the CSI 300 index by 3.97 percentage points.
The secondary sub sectors of the electronics industry rose and fell this week: as of January 14, 2022, the six secondary sub sectors of Shenwan electronics sector, except electronic chemicals, fell in the other five sectors. The rise and fall ranges from high to low are: SW electronic chemicals (2.81%), SW components (- 1.33%), SW optical Optoelectronics (- 2.31%), SW other electronics (- 2.32%), SW semiconductors (- 2.61%) and SW consumer electronics (- 3.07%).
Some news this week: (1) ICT Institute: in 2021, China’s 5g mobile phone shipments reached 266 million, with a year-on-year increase of 63.5%; (2) Folding screen mobile phones are in short supply, and low-end chips in the industry are still in short supply; (3) Six departments including the Ministry of industry and information technology jointly issued the implementation guide for the “100 cities and 1000 screens” activity; (4) Glory’s first folding screen mobile phone magicv starts from 9999 yuan; (5) Samsung display is developing 8.5 generation OLED panel production line technology; (6) Under the expansion of production, large chip packaging and testing manufacturers pass the price reduction and grab orders; (7) TSMC expects sales of US $16.6 billion to US $17.2 billion in the first quarter; (8) Organization: it shows that the price of drive IC increased by 20-30% year-on-year in 2021, and it is estimated that it will continue to rise in 2022.
View of the electronics industry week: the global electronics industry is still in a high boom period. On the one hand, grasp the domestic substitution process in the fields of semiconductor equipment / materials, power semiconductors and IC carrier boards, on the other hand, pay attention to the performance driving effect of downstream innovations such as AR / VR, automotive electronics and miniled on supply chain enterprises. It is recommended to pay attention to Goertek Inc(002241) (002241), Lianchuang Electronic Technology Co.Ltd(002036) (002036), Wuhu Token Sciences Co.Ltd(300088) (300088), Electric Connector Technology Co.Ltd(300679) (300679), Naura Technology Group Co.Ltd(002371) (002371), Hubei Dinglong Co.Ltd(300054) (300054), Hangzhou Silan Microelectronics Co.Ltd(600460) (600460), Starpower Semiconductor Ltd(603290) (603290), Avary Holding (Shenzhen) Co.Limited(002938) (002938), Suzhou Dongshan Precision Manufacturing Co.Ltd(002384) (002384), Shenzhen Fastprint Circuit Tech Co.Ltd(002436) (002436), Victory Giant Technology (Huizhou)Co.Ltd(300476) , Sanan Optoelectronics Co.Ltd(600703) (600703), Foshan Nationstar Optoelectronics Co.Ltd(002449) (002449) Leyard Optoelectronic Co.Ltd(300296) (300296) and other relevant beneficiary enterprises.
Risk tip: downstream demand is not as expected, domestic substitution is not as expected, and industrial innovation slows down.
