In fact, most of the domestic A-share electronics companies are not export-oriented. Many of the components are still based on 'domestic sales'. For example, Apple’s concept companies, the key components they produce, are almost shipped to Zhengzhou, Henan, Shenzhen. Longhua’s Hon Hai Group is either handed over to other assembly plants located in mainland China, such as Heshuo, Wistron, etc. Even if the A-share electronics companies’ components are exported, they are not necessarily exported directly to the United States. Because there are no large-scale assembly plants in the United States.
Apple, which is currently a virtual factory, and Apple’s main foundries, Hon Hai and Heshuo, are bound to negotiate with the U.S. government to obtain individual concessions and exemptions.
Shen Wanhongyuan believes that Trump touched the trade war between China and the United States, and that panic sentiment affected the 'domestic-oriented' A-share electronics, many of which became 'wrong concept stocks'. It is expected that after the panic is eased, it will be re-conscious. The 8-inch wafers are full, indicating that the electronic components of the 2Q2018 are not off-season, and the "wrong concept stocks" of the Sino-US trade war will rebound.