2. Han's Laser: pre-built the world's second-largest production base;
3.2018 in January of China's foreign trade: mobile phones, integrated circuits increased by 30.1%, 28.9%;
4. National Micro micro 'troubles': under the traditional chip support tuyere performance;
5. ZTE transferred 43.7% shares of ZTE Soft-Start to Nanjing Xinsoft no longer controlled;
6. Hua Ling shares estimated non-net profit in 2017 33.64 million;
7. Changjiang Electronics completed the merger of Xin Cheng Electronics;
MediaTek January revenue hit a 23-month low, is expected to improve in the second quarter;
9. Blockchain industry will become a new increase in integrated circuits;
1. Dunlop Q4 revenue decreased 15%, expecting optical fingerprint recognition to reduce the impact of a single market
Set micro-network news, Dun Tai today (9), said at the legal person conference, by the Chinese smart phone market recession, Dunhuang fourth quarter loss of 0.87 yuan per share last quarter, due to the fourth quarter of the loss, but also makes Dun Last year, loss per share 0.28 yuan.
In the fourth quarter of last year, Dun Tai Shipments of smartphones by mainland China were affected by seasonal factors. With revenues of 2.77 billion yuan and a 15% decrease in quarter, the single-season pretax loss was 2.6 compared with 3% in the same period of 2016 billion, one-quarter loss per share of 0.87 yuan; even the mainland in 2017 smart phone shipments declined slightly, Duitai 2017 revenues denominated in US dollars is still higher than in 2016, but by the impact of currency, revenue in 2017 with a new Taiwan dollar denominated but decreased by 2% compared with 2016, to 10.8 billion, the annual consolidated gross profit margin and operating expenses are comparable with 2016, pre-tax net profit of 205 million yuan, a net loss of 103 million after-tax loss for the full year 0.28 yuan, the full-year gross profit margin fell 21%.
Looking forward to 2018, Chairman Hu Zhengtai said that this year's full-in-cell full-in-cell market is optimistic and will enter the AMOLED and LCD markets at the same time, contributing to the contribution of Dundee IDC. He also hopes Dun Tai This year can make a broader product to reduce the future of a single market, the impact of products on the operation.
Hu Zhengda said that at present the industrial noise in 2017 has gradually been diluted. Looking forward to 2018, Dun Tai will make the product line wider and wider, fingerprint identification, including capacitive fingerprint, optical fingerprint will continue, the company's products to do To try not to be affected by a single market, it must actively expand the market.
Dun Tai this year in the original products, in addition to continued plowing of mobile phones, flat panel, wear, etc., has also begun to expand to home appliances, industrial and automotive markets, expanding Dun Tai revenue and profitability of new energy.
Hu Zhengda said that with the smart phone high proportion of the screen has become a trend, the mobile phone has no fingerprints on the front of the identification space, the industry chain has gradually put resources in the hope of finding a solution, the current high-end products will be locked in AMOLED market, but based on experience Judging from the market evaluation does not seem to use so good, the screen will appear after a period of wear and tear, power efficiency is not as expected, and the cost more than LCD 2 to 3 times, Dun Tai released in the school screen last month Fingerprinting within the program to support multiple finger reading below the screen, you can also be used for AMOLED and LCD above, which is absolutely unprecedented in the industry, so that a full screen positive fingerprint recognition can be unlocked, Full in-cell not only allows for both AMOLED and LCD orders, but Dundee's Optical Fingerprinting can also be used for a variety of signal measurement functions including heart rate, blood pressure, noninvasive blood glucose and more.
AMOLED display panel is the new technology of each panel plant, new product investment direction, Dun Tai has also been involved in the development of AMOLED touch panel related to touch and drive chip products, the current touch section has been preliminary results and has begun mass production.
Hu Zhengtai predicts that Dunham's fully in-cell touch panel will grow substantially in both 2018 and 2019, making it an important technology in displays. For 2017, The market share of full-in-cell is about 35-40%, and the largest shipper in the world is Synaptics, accounting for 50% of the market, which means that Dun & Bradstreet, Synvision The shipments have reached 85% of the world.
As for the non-panel products, Dun Tai also said that the current car-related products have already begun shipping.Hu Zhengda pointed out that because the company is the purchase and delivery of goods in the dollar, so the impact of the exchange rate is really not big.
2. Han's Laser: pre-built the world's second-largest production base
Set micro-mesh news, a few days ago, Han's laser survey in accepting agencies said that pre-built the world's second largest production base, construction area of 400,000 square meters, all heavy plants, are for high-power, panels, batteries and other business preparation. Large-scale equipment, intelligent is an inevitable trend in the future laser welding and cutting, most of the alternatives to traditional processes.
3.2018 in January of China's foreign trade: mobile phones, integrated circuits increased by 30.1%, 28.9%
According to the statistics from the website of the commercial website, in January this year, China's total import and export volume reached 2.51 trillion yuan, an increase of 16.2% over the same period of last year (of which 1.32 trillion yuan was exported, an increase of 6.0%); 1.19 Trillion yuan, an increase of 30.2%; surplus of 135.8 billion yuan, narrowing 59.7%.
From the view of commodity structure, the export of electromechanical products was 769.56 billion yuan, up 9.4%, accounting for 58.1%, up by 1.8 percentage points over the same period of last year. Among them, mobile phones, integrated circuits, computers and their components and parts increased by 30.1%, 28.9% and 10.8 respectively %. The export of traditional labor-intensive industries such as textile and clothing reached 267.89 billion yuan, down 5.7%. In addition, the export of steel products was 4.65 million tons, a decrease of 36.6%. From the import of bulk commodities, crude oil, refined oil, coal, iron ore The imports of sand and soybeans increased by 19.6%, 10.6%, 11.5%, 9.3% and 10.8% respectively. The import of mechanical and electrical products was 527.01 billion yuan, up 37.1%, of which 90,000 were automobiles, up 19.1%.
From the main business entities, private-owned enterprises exported 646.84 billion yuan, an increase of 7.7%, accounting for 48.8%, an increase of 0.7 percentage points over the same period of last year, and continued to maintain its position as the largest export-oriented business entity. Foreign-funded enterprises exported 545.2 billion yuan, up 7.1% Accounting for 41.2% of my exports, an increase of 0.4 percentage points over the same period of last year.
From the perspective of trade, the import and export of general trade reached 1.47 trillion yuan, an increase of 18.5%, accounting for 58.6% of the total foreign trade value, an increase of 1.1 percentage points over the same period of last year.
From the international market, I have increased the import and export of the traditional markets such as the United States, the European Union and Japan by 11.0% and 17.3% respectively by 12.3%. With the import and export of countries along the BRICs and the Belt and Roads in Brazil, Russia, South Africa, and Malaysia, Also grew rapidly, an increase of 21.6%, 20.9%, 11.9% and 23.9% respectively.
4. National Micro's 'troubles': under the traditional chip support tuyere performance
China Business newspaper Li Zhe, Wu Ke Zhong
On January 31, 2018, Hunan Guoke Microelectronics Co., Ltd. (hereinafter referred to as 'Guokewei', 300672.SZ) listed its first annual results notice for the first six months after its listing. It is estimated that the Company will achieve a net Profit from 48 million yuan to 60 million yuan, compared with 2016 net profit of 51.1089 million yuan, the change range of -6.08% to 17.40%, roughly the same.
NSK said in the report period, due to the worldwide shortage of solid-state hard drive flash memory particles, resulting in the company's accompanying solid state memory controller chip product sales were lower than expected. Previously, NSK Micro-share prices soaring, but in the On the day the above results notice was released, Guosen Micro-share Co. rose a rare limit, which is outside the expectation that its disclosed performance is not as expected.
In addition, according to the data disclosed by Guo Wei Micro-newspaper, the seasonal fluctuation of its main business is obvious, and its performance growth still needs to rely on the traditional radio and television chip business.In the aspect of investment, Guoke Micro uses the capital of 15.5% of the company's total assets to purchase the capital preservation Financial products, the value of more than the company's full-year research and development expenses in 2017. In this regard, the people of the Branch Microsco Securities to the "China Business" said that the principal is a business investment company's normal investment, other companies will be this way.
High share price low revenue?
With the emergence of concepts such as Internet of Things, 5G and artificial intelligence, the related chips and the semiconductor industry have been receiving unprecedented attention.While the National Science and Technology Micro, although one of the leading domestic chip industry, but the current main business is still the traditional radio TV chip-based, and nowadays artificial intelligence tuyere does not exactly match.
Earlier, on July 12, 2017, NSK Micro successfully landed on the GEM after preparing for two IPOs.Open data showed that after the IPO, NSK Micro-stock surged all the way, after experiencing a 112-day skyrocketing increase of 548%.
However, this stock seems to be inconsistent with the revenue of the National Micro-micro.Cisco access to the third quarter of 2017 published by the National Microelectronics found that in the first three quarters of 2017, the total revenue of the National Micro-micro 180 million yuan, Representing a decrease of 15.08% as compared with the same period of last year. Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses still incur a loss of RMB48,748,000 as compared with the same period of 2016 with an increase of 32.11%.
Although NSK slightly predicted a net profit of RMB48 million to RMB60 million in 2017, in the performance forecast, NSK Micro also said that it expects the Company's non-recurring gains and losses to affect its net profit in the reporting period at approximately RMB55 million In view of this situation, the personage of above-mentioned Branch of China Microelectronics Branch responded to the reporter of "China Business": "I do not know what the financial accounting means, and the contents mentioned in the announcement shall prevail."
This reporter has learned that the current micro-core NSK business, including radio and television chips, smart video surveillance chips, solid-state memory chip business and chip design in mid-year report shows that the core revenue of China Microelectronics Division: radio and television series of chip products Revenue decreased 57.68% YoY. Revenue from intelligent video surveillance chips declined 66.04% YoY, revenue from solid state memory chips increased 5067.55% YoY and IC revenue dropped 47.97% YoY. Revenue from the four main businesses fluctuated More obvious.
For the income of the main business, the person in charge of the above-mentioned Branch Micro Securities told reporters: 'According to past performance trends, the fourth quarter results will be better than the first three quarters, seasonal fluctuations and the industry situation will have an impact on performance. However, when reporters asked why ST Micro's seasonal fluctuations in operating performance were so great, the source said: 'I still do not quite understand this specific product, and the securities representatives are more aware of the situation. "However, the reporter repeatedly contacted National Science Micro, have failed to get a positive reply from the securities affairs representatives.
Reporter combing NSK 2017 three quarterly reports found that as of September 2017, NSK Micro has a total assets of 968 million yuan, while other current assets this one, an increase of 892.26% compared with 2016. In this regard, the National Micro micro interpretation Said: This is due to the company in the third quarter of 2017 to purchase 150 million yuan of guaranteed capital products, accounting for 15.5% of total assets.And corresponding to that, in the 2017 performance notice China Microely said: In order to continue to increase research and development Investment in research and development costs in 2017 increased over the previous year is expected to reach 115 million to 120 million yuan.As a technology-based enterprises, but the National Micro-micro-purchase financial products expenditure is clearly more than the company's R & D investment.
In this regard, the State Branch Micro Securities Department, told reporters: 'This is normal, capital preservation of this is an investment business, other companies will do so to protect capital.'
Seasonal seasonal fluctuations in revenue
Recalling the history of the development of NSK Micro is not difficult to find that the development of NSK Microelectronics and radio and television chip business are inseparable. In June 2008, the "satellite 9" satellite was successfully launched. From remote rural areas, cable digital TV is not accessible Regions can also watch satellite digital television live shows.
NSK micro-founder Ping saw the 'star 9' brought a huge market for radio and television chips.Three months later, NSK Micro was established in Changsha, specializing in the design and production of radio and television series chips. Transcoding the TV signal from the direct broadcast satellite into a picture is presented on the television.
With the rapid growth of radio and television businesses, the performance of Guochao Micro also achieved rapid growth, with revenue from sales of radio and television chip series up 87% YoY in 2015. However, the sales revenue of Guochao Micro Broadcasting and TV series chip business in 2016 Down 37.8% from a year earlier.
In this regard, the National Micro believes that the decline in sales was mainly due to the State Administration of Press, Publication, Administration of Radio, Film and Television plans to launch the fourth generation direct broadcast satellite set-top box in the first half of 2017. The fourth generation direct broadcast satellite set-top box Hurudong via either hardware or Software on the market mainstream with the third generation direct broadcast satellite STB there is a big difference.
Affected by the policy expectation, direct broadcast satellite set-top box manufacturers have reduced the production of the third generation direct broadcast satellite set-top boxes from Huhhot and thus reduced the purchase of live satellite standard-definition chips, resulting in intensified competition in the market of standard-definition chips. Therefore, Radio and television chip sales caused some impact.
Thus, the radio and television chip business is more affected by the policy.Regarding the SARFT often adjust the parameters, the enterprise must also be adjusted accordingly.In addition, the incremental market in this area is not obvious, mainly in the stock market.
Three Quarterly Bulletin 2017 shows that in the main business of China Microelectronics Microelectronics Co., Ltd., the proportion of revenue from radio and television business in total revenue dropped to 40.5%. Although this figure is the lowest figure in recent years, the number of radio and television chips Business still occupy half of NSC micro-level.
According to SINOPEC Micro-announcement, among the major customers, the purchases of China Electronics Equipment International Co., Ltd., Shenzhen CTI International Information Technology Co., Ltd. and China Electronics Shenzhen Co., Micro-sales amount of more than 40% .Three companies to purchase the main product is the national science and technology micro-radio and television chips.
National Micro at the beginning of the IPO prospectus mentioned that the company's intelligent video surveillance chip and its overall solution will be the company's future profit growth point.However, in the 2017 semi-annual report, intelligent video surveillance chip series on the more A year-on-year decrease of 66.04%, accounting for 18.4% of total revenue. In addition, the other mainstay of IC Microelectronics's IoT chip business accounted for only 4% of the total revenue of China National Micro.
In this regard, the national micro-micro-interpretation is still subject to seasonal fluctuations.It said that intelligent video surveillance chip series is mainly used in network cameras, in general, affected by the weather and the Spring Festival, the first and third quarters for the off-season.Therefore, intelligent Video surveillance products in the fourth quarter, the highest revenue.However, when reporters asked what happened when the situation is the case, the Ministry of State Securities Micro Securities Department refused to understand the situation on the grounds of refusing a reporter's interview.
The person told reporters: 'We are prompted by the company may pose a risk, as the business situation, investors have their own judgments.'
However, Huatai Securities Co., Ltd. joint venture in the country on the spot in 2017 micro-site inspection report pointed out that the National Micro-IC design companies, focused on the development of chip products.Iterative IC industry faster, in mass production At the same time, we need to develop the next generation of products to ensure the product's leading.During the research and development, we need to invest a lot of manpower and capital, there is a certain risk, it is recommended that the company carefully judged in order to obtain better performance.
5. ZTE transferred 43.7% shares of ZTE Soft Start to Nanjing Creek Soft no longer controlled
On the evening of February 9, ZTE announced that it intends to transfer 43.66% shares of ZTE Soft-Soft to Nanjing Xinsoft to RMB1,223.3 million and Nanjing Xixoft to increase its capital of ZTE by RMB100 million. Prior to the transaction, ZTE held ZTE Venture 80.1% stake, the transaction is completed, the proportion of shares held by ZTE fell to 35.19%, Nanjing Creek soft as the largest shareholder of ZTE soft.
Nanjing Creek soft limited partnership, according to the announcement, its partners include Hangzhou Ali Venture Capital Co., Ltd., Shanghai Qiwei Investment Center (Limited Partnership), Shanghai Qi Peng Investment Management Co., Ltd.