According to a research report by BOC International, AI smartphones are expected to drive short-term and long-term replacement demand, and it is recommended to focus on the Apple industry chain with high-end smartphones. Along with the improvement of smartphone SoC computing power and the gradual maturity of edge-side intelligent devices by the second half of 2024, BOC International believes that AI smartphones will lead the short-term replacement wave. In the long run, the 'Andy-Bill Law' is expected to become the driving force behind the continuous replacement of AI smartphones. High-end smartphones have a higher degree of certainty in benefiting from this trend, as Apple has a high market share in high-end smartphones and Apple industry chain companies will significantly benefit.
中银证券：关注高端手机为主的苹果产业链
BOC International: Focus on the Apple industry chain with high-end smartphones.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.