The 22nd CEE Asia Consumer Electronics Show will be held in Beijing from June 28th to 30th, 2024. The conference consists of five major theme summits and six industry forums, covering hot topics, development trends, and excellent cases in the fields of consumer electronics, AI, and other industries. China Merchants Yan Fan believes that the prosperity of the consumer electronics industry chain has bottomed out and rebounded.
The 22nd CEE Asia Consumer Electronics Show in 2024 will be held in Beijing from June 28th to 30th. The conference consists of 5 major theme summits and 6 industry forums, covering hot topics, development trends and outstanding cases in the fields of consumer electronics, health technology, 5G, artificial intelligence, smart homes, the Internet of Things, robots and drones, virtual reality/augmented reality, smart travel, and other fields.
Yan Fan of China Merchants Securities believes that the business cycle of the consumer electronics industry has bottomed out and is now recovering. Looking at the different mobile phone camps, the inventory of the Android camp is healthy but weakly recovering. Attention is focused on the changes in the industry brought by Huawei's return. As for Apple, Fan predicts that Q2 iPhone overall stocking is good, with a low base last year, and is expected to maintain growth on a year-on-year basis. In terms of innovation, GPT-4o presents more practical AI voice assistant functions with video interaction and sentiment recognition as well as other practical functions. It is expected to further promote the upgrade of AI innovation on the end side such as mobile phones. In addition, whether Apple will advance its AI layout in the June WWDC has attracted attention. Canalys predicts that AI smartphones will account for 5% of shipments in 2024.
According to the Financial Data Center, among related listed companies:
Lens Technology, a leading producer of glass covers for consumer electronics, has mastered the core technology of glass covers, holds a dominant position in the domestic market for glass covers, and has deep cooperation with well-known domestic and foreign brands such as Apple, Samsung, and Xiaomi.
Goertek Inc., which began with micro-acoustic components, has gradually formed three major business matrices of precision zero components, intelligent acoustic complete machines, and intelligent hardware guided by the strategy of "zero integration collaboration", covering global well-known brand customers such as Apple, Huawei, Xiaomi, Meta, Sony, and Pico.