1. Jiwei Morning Post: Xiaomi may apply for Hong Kong IPO this week, and Yiyi Innovation creates a record high revenue in the first quarter.
★ Xiaomi may apply for Hong Kong IPO this week, and the world’s largest technology unit will be born this year
According to Hong Kong media reports, the same-share different rights system officially entered Hong Kong on Monday (30th), and will accept applications for listing in real time. If all goes well, Xiaomi will submit a listing application this week, which is expected to be likely to be five. After entering the table on the Labor Day holiday (Tuesday), it is expected to be listed as soon as the end of June to the beginning of July. Xiaomi is eager to grab the first stock of the same stock with different rights. Earlier, market news is rumored that Xiaomi's valuation will be 60 billion yuan. Between US$100 billion and US$100 billion, this mille plan to raise at least US$10 billion in listing in Hong Kong and is expected to become the world’s largest new technology stock this year. Goldman Sachs, Morgan Stanley and CITIC Securities are the sponsors of Xiaomi.
★Yiyi Innovation achieved record high revenue in the first quarter and will continue to rise in the second quarter
Zhaoyi Innovation disclosed the financial report of the 2018 Q1 financial report a few days ago. The financial report showed that the company realized revenue of 540 million yuan in the first quarter, an increase of 19.71% year-on-year; net profit of 89.33 million yuan, a year-on-year increase of 28.55%. From the perspective of revenue, Kyi Yi innovation hit a record. The quarterly record high was 5.63% higher than in the previous quarter. Net profit was partly affected by factors such as the exchange rate of the US dollar. Looking ahead to the second quarter, due to the release of SLC NAND and NOR capacity, the quarterly revenue will continue to rise.
★ ZTE will provide information to the U.S. according to procedures. Stocks continue to be suspended
ZTE Corporation issued an announcement a few days ago that the announcement issued on April 20 of the company mentioned that the Bureau of Industry and Security (BIS) of the US Department of Commerce issued an order to activate a refusal order ('rejection order'). The company received guidance from BIS. Procedures for the U.S. Department of Commerce to accept and review supplementary information submitted by the company. The company expects to provide information to BIS in accordance with the above procedure. The company will consider administrative or legal measures that may be taken under relevant U.S. laws if necessary. Suspension.
★ BYD's net profit in the first quarter fell by 83% year-on-year.
BYD recently announced a quarterly report showing that first-quarter net profit fell by 83% year-on-year. It is expected that net profit for the first half of this year will be between 300 million and 500 million yuan, a year-on-year change of -82.59% to -70.98%. Affected by this, BYD Electronics has fallen sharply in the Hong Kong stock market. Since its lowest level since September 2017, Morgan Stanley released a research report saying that BYD Electronic’s performance in the first quarter was 13% lower than the bank’s forecast, revenue rose 5% year-on-year and fell 13% quarter-on-quarter to RMB 8.946 billion. Gross profit margin fell to 9.8%. The bank also said that BYD's profitability is roughly linked with Samsung's metal casing business, and the Bank's investigation found that Samsung is increasing its internal procurement and the demand is falling, which is detrimental to BYD. In addition, BYD's 3D technology and glass The shell is only used in ultra-high-end models for a while. The trend has not yet taken shape and the pricing is under pressure.
★Changxin Technology: Gradually increase the overall screen production capacity according to the market situation
Changxin Technology recently stated on the investor interaction platform that in order to adapt to market changes and new demands, major domestic brands such as Huawei, OPPO, VIVO, Xiaomi, etc., have released a variety of mid- to high-end flagship full-screen models in March and April. The time for production volume production was basically after the Spring Festival. As a result, Deput Electronic’s revenue in the first quarter fell significantly compared to the same period of last year. Currently, there are sufficient customer orders, some brand orders have been placed in the middle of the year, and full screen production capacity has been fully released. The company will base The market situation gradually increased the overall screen capacity investment.
★Aoshikang: Currently has business cooperation with Xiaomi
Aoscon recently stated on the investor interaction platform that the company's products are mainly used in computers, consumer electronics, communications equipment, automotive electronics, industrial control equipment, and medical electronics, and currently have business cooperation with Xiaomi.
★Common Electronic: The company has its own research and development of password security chip
E-Commerce recently stated on the investor interaction platform that the company has a self-developed password security chip ZTA100. The chip can support the SM2, SM3, and SM4 cipher algorithms of the state secrets, has obtained the commercial cipher product type certificate, and applied to the company's password keyboard. POS machines and other products.
★Crystal Optoelectronics: Do not consider entering the chip industry for the time being
Crystal Optoelectronics recently stated on the investor interaction platform that the company is an upstream optical electronics component manufacturer and has not yet considered entering the chip industry.
★ Jufei Optoelectronics: For the time being, no relevant layout has been made in the OLED industry
Jufei Optoelectronics recently stated on the investor interaction platform that the company is currently not related to the OLED industry, but will pay close attention to the development of OLED technology, and pay attention to the resulting risks.
2. The growth in demand for speech recognition driven MEMS microphones
According to the micro-message news, Microelectronics Microelectronics Factory's profitability in the first quarter was bright. After-tax net profit reached NT$32.91 million, which has exceeded the profit of 32.89 million yuan for the entire year last year. The company expects to report on May 9th. Listed on the day.
The company has a large number of MEMS microphone products. In addition to smart phones, Amazon's smart home voice-activated devices have also introduced 7 MEMS microphones. Industrial control devices and connected cars have also introduced voice recognition functions. The demand for MEMS microphones has grown.
Ota Micro Electromechanical Microphone is currently mainly used in smart phones and laptops, and actively expands the car voice system, smart speakers and smart watches and other fields.
With the gradual expansion of market share, the company has been operating in a high position in recent years. Its market share last year was about 1.5%, its revenue reached 686 million yuan, an increase of 34.49% year-on-year, and its net profit after tax was 32.89 million yuan, an annual increase of 2.04 times.
In the first quarter of this year, Shutai reported revenue of RMB 214 million, an increase of 46.33% year-on-year, and a net profit of RMB 32.91 million after taxation. It has exceeded the profit for the entire year. It is expected that this year's market share will further expand to the 2% level.
3. OV millet frequent new machine, driving the supply chain shipments
The mainland brand mobile phone plant will soon launch a new machine in Taiwan. It will be headed by vivo on the 2nd, emphasizing the recognition of the first stealth fingerprint; the R15 series will be released by the OPPO on the 7th, and the high-end MIX 2S and the affordable red rice will be released on the 8th. Note 5 Two new machines. Along with the new machines, we can help MediaTek, Inventec, Ding Ding - KY and other supply chain shipments.
In recent years, the market share of mobile phone plants in the mainland brand has been increasing day by day in the global mobile phone market. In addition to Huawei’s ranking as the world’s third-largest mobile phone plant, after Samsung and Apple, four to six people are mostly taken by OPPO, Vivo, and millet, and they are the three largest ones. The factory actively expanded overseas markets and the front line was also pulled to the Taiwan market.
The OPPO and other three major companies in the Taiwan supply chain include MediaTek, Huatong, Guangyao, Duntai, Zhi Shen, Yu Ding-KY, Inventec, Fu Chik-kang, AUO, Xinyi, etc., With the advent of the new machine, The supply chain will also be lighted.
Vivo entered the Taiwan market at the end of last year, first introduced mid-end models V7, V7 + test market water temperature, today will release a new generation of flagship vivo X21. vivo said, vivo X21 first invisible fingerprint recognition technology, the screen accounted for 90.3%, Vivo's The spokesperson for the Greater China Region is artiste Peng Yuxi and will also premiere Peng Yuxi’s launch of the live X21 film on the market today to attack the high-end mobile phone market in Taiwan.
The market share has already squeezed into the top three OPPOs in Taiwan. The R15 series will be released on the 7th. In addition to inviting artiste Xiao Jingteng’s endorsement, it also adopts new marketing tactics and invites well-known YouTubers, including Ah Din English, Ahan Po, and Bony Boys. Do not look at the work of small Europe and Cai brother and other help out.
Recently, because of the upcoming issue, Xiaomi, who caused the topic, according to statistics of Canalys, in the face of the decline of the Chinese smartphone market in the first quarter, eight of the top ten factories are in recession. In addition to Huawei’s 2% growth rate, Xiaomi’s alone dominates the trend. Year-on-year increase of 37%. In addition to resuming growth in the Chinese market, Xiaomi’s overseas market expansion is also very positive. On the 8th 'Millet Taiwan's spring new product launch', two mobile phones were launched at one time, including the Xiaomi MIX 2S, the Red Rice Note 5, and the take-all Taiwan's high-end, parity market. Economic Daily
4. Bit Continental Concentrator E3 is priced at US$800 for delivery in July, impacting graphics card manufacturers
The world's cryptocurrency 'mines' equipment maker Bitzer Continental is in a tough position. It expects to launch an Ethernet special ASIC chip in the third quarter. The industry expects that with the launch of new products in July, it will be impacted to provide graphics cards for mining graphics cards, and motherboard makers. However, it will still be too early to repeat Bitcoin’s monopoly on Bitcoin’s hardware industry.
2017 was the golden age of Bitcoin. From the beginning of January, it was less than a thousand US dollars. The value of the currency rose rapidly. By October, it had already stood at the 5,000 US dollar mark. In December, it officially broke through 10,000 US dollars. At the same rocket speed, in the same month. In the mid-term, it stood at 19,000 U.S. dollars and tried to challenge the 20,000 U.S. barrier. Although in the end it lost, but with the swiftness of the currency value, attracting a large number of new miners to join the mining industry also drove related business opportunities.
Due to the earlier layout of Chinese manufacturers, with virtual currency gaining momentum, it has also become the biggest winner of this wave of hardware equipment business opportunities. According to statistics, currently the top three manufacturers of global cryptocurrency miner are Bitland, Jianan Minzhi and Yibang Communication. , Its products Ant mining machine, Avalon mining machine, Wing bit includes 90% of the world's market share.
For bit-continents whose market share of ASIC mining machines exceeds 70%, besides designing bitcoin ASIC chips themselves and selling ant mining machines, it also operates the world's largest bitcoin mining pool 'ant mining pool' to provide mine owners. Virtual 'power' loan, one-stop service, equal to monopoly bitcoin hardware industry.
After Bitcoin had eaten the Bitcoin market, currently Taiwan's mining equipment manufacturers mainly provide AMD, NVIDIA graphics cards, and mining-specific boards for other virtual currencies such as Ethereum, representing MSI. , Gigabyte, Gengxun, etc., do not overlap with the Bit Continental Market.
However, Bit Continent has officially announced the Antminer E3, a mining machine for Ethereum, which is priced at US$800, but is currently only in the pre-order phase. Bit Continental will officially ship in July. The industry believes that the current graphics card is For the main mine owners, there will be some attraction.
5. Mining concept shares Q1 gains new dividends
MSI, Gigabyte, Acer, ASRock, and ASRock motherboards and graphic card makers benefited from mining opportunities in the past year, and all of them paid good profit reports. The first quarter of this year continued to be demanded by mining, and the price was increased. There was a chance for profit. Re-innovation high.
In the case of Yixun, the company's March revenue was 1.318 billion yuan, a record high. In the first quarter, revenue was 2.995 billion yuan, an increase of 527 percent year-on-year, and it also hit a new single-quarter high, winning the first quarter of the year.
ASRock reported revenue of 973 million yuan in March, a monthly increase of 29.8%, an increase of 37.5% year-on-year, a record high; first quarter revenue of 2.636 billion yuan, quarterly increase of 7.3%, an annual increase of 33.9%, to rewrite a new high. The company's first Quarterly profit of 189 million yuan, 1.56 yuan per share, a single quarter high in recent four years.
MSI benefited from e-sports and mining requirements. In March, the combined revenue was 11.729 billion yuan, a record high, up 27.1% on a monthly basis, and an annual increase of 33.5%. The first-quarter revenue was 31.78 billion yuan, a 7.6% increase on a quarterly basis, an increase of 29.5% year-on-year. He also wrote a new book, expected to make a profit in the first quarter.
In March, Gigabyte reported revenue of 8.5 billion yuan, a record high of 87.5%, and a 97% increase year-on-year. In the first quarter, consolidated revenue was 20.977 billion yuan, an increase of 29.9% quarter-on-quarter, an increase of 51.3% year-on-year, mainly benefiting graphics cards, motherboards and servers. Business demand is strong. The industry expects that Gigabyte's financial report in the first quarter will also deliver outstanding results.
The recent tight supply of DDR3 memory led to the inability of customized chip (ASIC) digging machines to obtain enough memory to be shipped and to promote the mining opportunities of motherboards and graphics cards.
Virtual currency mining mainly through two methods, one is ASIC mining machine, the advantage is power, but the bandwidth is smaller; The second is through the motherboard and graphics card, due to the use of higher-end and currently mainstream specifications of DDR4 memory, bandwidth Bigger, better mining efficiency.
We are optimistic about the long-term development of the mining market. Taiwanese manufacturers are actively deploying. Among them, MSI recently launched a mining board that supports 18 graphics cards and rushed for mining opportunities. In addition to graphics cards and mining boards, MSI also cut into the ASIC system mining machine. Cooperation with large-scale mines in mainland China.
MSI began working closely with small- and medium-sized mines last year. In addition to personal miners whose shipping needs are below 100 graphics cards, there are also small and medium-sized system integrators or internet cafes who need more than a few hundred tablets.