Highlights of the week in review:
This week (2016.8.19-2016.9.2)Shanghai-Shenzhen 300The index increased by 0.21%,GEM refers todown 0.86%,Small to medium plate fingerDecreased 1.01%. The electronic components (CITIC) sector fell 1.20%, more than the GEM index. In the sub-sector, the biggest decline was in electronic equipment, which reached 2.7%.
The top five companies with individual stock gains in the electronics industry are:Tongzhou Electronics(002052),Leybold Hi-Tech(002106), Shenzhen Huafa A (000020);Shengyi Technology(600183);Dongxu Optoelectronics(000413)
Industry News:
VR headsets will reach 43 million units in 2018: At the 2017 Communications Industry Trend Review and Forecast press conference, the Investment Management Committee MIC recently estimated that global VRHMD shipments will reach 43 million units in 2018, growing by more than 30 million units compared to this year.
China will consume 40% of the world's NandFlash in 2020: DRAMEXchange estimates that the Chinese market will consume more than 30% of the world's NandFlash in 2017, and more than 40% of the world in 2020.
IntelOfficial release of the seventh-generation Core processor: Chip giant Intel has officially released the new seventh-generation Core processor. The microarchitecture code for this generation processor is KabyLake, which is mainly used to replace the Skylake microarchitecture of the sixth-generation Core chip released in 2015.
The SkyLake architecture is based on a 14nm process, with significant improvements in power and performance.
TSMCGaN fast charging chip will be launched: TSMC's collaborative partner DialogSemiconductor (DialogSemiconductor) will launch the first gallium nitride (GaN) fast charging chip for mobile phones in the first quarter of next year. This chip has advantages such as reduced size, increased efficiency, and reduced charging time by half, and is suitable for mobile fast charging of mobile phones and tablets.
Core point of view: The electronics industry has reported impressive results, and the revenue of more than 7-tier companies has increased:A shareElectronic components industry172Listed companiesThe 2016 interim report was announced. Among them, 111 companies saw a year-on-year increase in net profit, 61 declined, 132 had a year-on-year increase in operating income, and 40 companies had a decrease in net profit and operating income at the same time.Yingtang Intelligent ControlAmong 96 companies, the profit and income all declined were 25, including Tongzhou Electronics. There were 32 companies whose performance had doubled.Maida numbersNet profit increased the most, reaching 7185.73%.
Strong demand growth in the domestic NAND flash memory market will accelerate the process of localizing flash memory chips: Recently, the flagship exhibition for the flash memory industry, the 2016 FlashMemorySummit (2016 FlashMemorySummit), came to an end in Beijing. The summit has been held in China for two consecutive years. DramExchange (Global Semiconductor Watch), a storage research brand owned by TrendForce Jibang Technology, estimates that the Chinese market will account for more than 30% of the world's NANDFlash consumption in 2017 and more than 40% of global consumption in 2020, indicating a rapid increase in demand in the domestic NAND flash memory market.
The rapidly developing domestic market demand has attracted the attention of NAND flash memory companies around the world. The NAND factory invested by South Korea's Samsung in Xi'an, China has already been put into operation. The main product is 3DNAND flash memory; Intel (Intel) has also converted its sealed testing factory in Dalian into a NAND factory, and is expected to begin small-scale production at the end of 2016. The main product is likely to be 3DXPoint flash memory.
At the same time, national policies are also vigorously promoting the development of the domestic memory industry. Previously, the national memory base with a total investment of 160 billion yuan had been officially settled in Wuhan, Changjiang Storage Technology Co., Ltd. was formally established on July 26, and Wuhan Xinxin became its wholly-owned subsidiary. On August 24, the Hubei Wuhan Municipal Government and Ziguang Group signed a “Comprehensive Strategic Cooperation Framework Agreement” in Beijing. The two sides will carry out all-round cooperation in the fields of national memory base project construction, integrated circuit industry development funds, and the entire new IT “cloud-network-terminal” industry chain.
We believe that with strong domestic market demand and the support of national policies and capital, the domestic memory industry will usher in a period of rapid development, and the localization process of the entire industry chain from design to production to packaging testing will accelerate. It is recommended to focus on targets related to the industrial chain: Ziguang Guoxin (002409), Giguang Innovation (603986),Shanghai Xinyang(300236),Seven Star Electronics(002371),Deep technologyA (000021),Huatian Technology(002185),Nagaden Technology(600584),Tongfu Microelectronics(002156)
Risk warning: The performance growth rate in the second half of the year fell short of expectations; there is a risk that the market environment will fluctuate greatly.