One of the world's largest consumer electronics expos, the IFA Consumer Electronics Fair in Berlin, Germany, will open on September 6, 2024, marking the event's 100th anniversary. Minsheng Securities believes that the localized running of large models presents new challenges for AI terminals in power management and heat dissipation efficiency, driving the upgrading of heat dissipation materials.
One of the world's largest consumer electronics expos, the IFA Consumer Electronics Fair in Berlin, Germany, will open on September 6, 2024, marking the event's 100th anniversary.
In the second half of the year, entering the peak season of the consumer electronics industry, major mobile phone manufacturers continue to release new products. AI-driven consumer electronics terminals are initiating a new wave of innovation. Minsheng Securities believes that due to the local operation of large models requiring computing resources and storage space, the power consumption of processors and storage chips will significantly increase, posing new challenges for power management and heat dissipation efficiency of AI terminals and driving the upgrading of heat dissipation materials. The most commonly used heat dissipation materials in phones are graphene heat dissipation film and VC heat conduction plate. The graphene layer in AI phones may need to be thicker and the materials upgraded, leading to an increase in value. Market rumors suggest that Apple may switch to graphene heat sinks and metal battery casings in the iPhone 16 models to improve heat dissipation. GTJA believes that AI phones will significantly increase the demand for electromagnetic shielding and heat dissipation, which is expected to further drive the volume and price increase of internal electromagnetic shielding components, heat dissipation materials, and related products.
According to the Financial Data Center, among related listed companies:
Jones Tech Plc's main products include high thermal conductivity graphite products, thermal interface and sealing materials, heat pipes, heat conduction plates, thermal modules, EMI shielding materials, widely used in consumer electronics and other industries.
Shenzhen FRD Science & Technology is a leader in electromagnetic shielding and thermally conductive materials and devices, currently holding a high market share in domestic mobile phones and communication products in terms of electromagnetic shielding and graphite thermal products.