Recently, the concept stocks continued to be active in the semiconductor to Violet country chip as the main domestic chip themes, adjusted for many days in a row, once again received the attention of market funds, rising continuously .Today morning, domestic chip stocks once again strengthened, as of press time, King Jia Micro rose 7%, all Zhi science and technology rose 4%, long power technology, the European bit and purple core up 2%.
However, for the recent outbreak of semiconductor stocks, the market believes that the chip localization by some of the short-term performance of the catalyst for the continuation of the outbreak of catalyst.Huatai Securities, said the electronics industry continued to boom, many product areas benefit software-rich industry-side format driven hardware Demand growth, the industry hot catalyst will continue.With the Internet of Things, the development of automotive electronics will bring huge emerging market demand, the country is the world's largest downstream demand and processing market, relying on government policy support, mainland China will be the next 10 years The fastest growing semiconductor industry in the region, the plate will give birth to A-share technology leader.
Hundreds of billions of dollars of market space can be expected
According to the "Outline of National IC Industry Development," the industry growth rate of more than 20% of the request, Huatai Securities, China's semiconductor industry is expected to scale by 2020 will reach 143 billion US dollars, 2015-2020 compound growth rate over 20%, far higher than the global An average of 3% -5% growth.From the A-share development potential of various industries horizontal comparison, A-share technology future star will be born in the field of electronics rather than the Internet we expect.
A-share technology sector will nurture the next Samsung, not FAAMG (Facebook, Apple, Amazon, Microsoft and Google) .This is due to three reasons: First, the existing capital market in China's market system and distribution The system takes more account of the characteristics of traditional enterprises. Most of domestic blue-chip Internet technologies are listed overseas, while China's FAAMG is the largest shareholder in the stock market rather than the A-share market. Second, the BAT stocks in the stock market have formed a barrier advantage and the A-share Internet companies are hard to come by Its right.Finally, draw lessons from Japan and South Korea and other countries rely on the government to complete the successful case of high-tech industry technology transfer, the domestic is to develop the semiconductor industry.With the Internet of Things, the development of automotive electronics will bring huge emerging market demand, the country is the world's largest Downstream demand and processing market, relying on government policy support, mainland China will be the fastest growing semiconductor industry in the next 10 years.
Huatai Securities recommendations, focus on the trend of chip localization, the recommended two main lines of layout: First, semiconductor fixed investment, with the industrial investment increased, the next two to three years, the relevant capital expenditures will reach its peak. Concerned about equipment engineering supplier North China Create, Tai Chi industry .Second, the semiconductor packaging and testing and manufacturers .Because of the impact of the transfer of semiconductor industry in Asia, coupled with the support of national large funds, and actively acquire foreign high-quality assets, IC packaging and testing and manufacturing strength will quickly strengthen the concern China Science and Technology, purple Kwok core.