Core Insights - The article discusses the advancements in high-speed interconnect technology driven by AI demands, particularly focusing on Google's new Ironwood cabinet system and its integration with Apollo OCS optical networks, which is expected to significantly increase the global shipment share of 800G optical transceivers from 19.5% in 2024 to over 60% by 2026, establishing it as a standard in AI data centers [2][5]. Group 1: Technology Advancements - Google's Ironwood cabinet system utilizes a combination of 3D Torus network topology and Apollo OCS full optical networks to create a high-speed interconnect architecture [2]. - The architecture allows for short-distance interconnects using high-speed copper cables within the cabinet, while long-distance data transmission between cabinets is handled by optical networks [5]. - The design emphasizes energy efficiency, with Apollo OCS technology using micro-electromechanical systems (MEMS) to connect data fibers directly, reducing power consumption from approximately 3000 watts for traditional switches to about 100 watts for a single OCS switch, a reduction of about 95% [5]. Group 2: Market Implications - TrendForce estimates that Google's TPU shipments will reach nearly 4 million units by 2026, leading to a demand for over 6 million units of 800G optical transceivers [5][6]. - The transition from 800G to 1.6T bandwidth can be achieved by simply replacing high-speed optical modules, making upgrade costs more competitive without the need for a complete system overhaul [6]. - Key suppliers like Innolight and Eoptolink are expected to capture nearly 80% of Google's orders for 800G optical modules, while Lumentum plays a crucial role in the OCS system and MEMS supply chain, impacting the implementation pace of Apollo OCS [6]. Group 3: Future Outlook - As computational power continues to grow, the demand for data transmission between cabinets and clusters will also increase, making the evolution and supply of high-speed optical modules and laser components a critical factor in determining the speed and cost of computational expansion, alongside GPUs and memory [6].

产业洞察 根据Tr e n dFo r c e集邦咨询最新数据显示，受惠于AI浪潮的推升，存储器与晶圆代工产值均将在 2 0 2 6年同步创下新高。 存储器产业受供给吃紧与价格飙升影响，产值规模大幅扩张至5 , 5 1 6亿 美元。尽管晶圆代工产值同步创下2 , 1 8 7亿美元的新高纪录，但存储器产值规模已攀升至晶圆代 工的2倍以上 。 存储器新循环，需求韧性与价格溢价远超2017年 上一次存储器超级循环落在2 0 1 7 - 2 0 1 9年，主要由云端数据中心建置需求所驱动，存储器产值 当时也与晶圆代工拉开了显著差距。 Feb. 9, 2026 产能利用率受限，晶圆代工产值增长趋于平稳 尽管晶圆代工同样受惠于AI芯片的强劲订单，但其产值成长幅度相较存储器的成长轨道平缓， 原因主要在于产业结构与定价机制。 从晶圆代工产能结构来看，尽管先进制程单价高昂，驱动整体产业近年持续成长，然而受限于 极高的技术门槛与资本支出，供应商呈现高度寡占，导致产能规模无法轻易扩张，在这一情况 下，即便单价惊人，先进制程对整体产值贡献的仍不及相对疲弱的成熟制程市场。成熟制程约 占整体晶圆代工产能的7 0%~8 0%，而先进制程仅 ...

| 应用别 | हिने | 分辨率 | 出货型态 | | | 液晶显示屏价格下旬预测 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | 保 | 흥 | म्येस | 与前月差异(%) | | | 电视 | es... M | 3840x2160 | Open-Cell | ાદર | 174 | 171 | 2.0 | 1.2% | | | EE...W | 3840x2160 | Open-Cell | 117 | 127 | 124 | 2.0 | 1.6% | | | 43"W | 1920x1080 | Open-Cell | ୧3 | 67 | ર્દર | 1.0 | 1.6% | | | 32"W | 1366x768 | Open-Cell | 35.0 | 37.0 | 36.0 | 1.0 | 2.9% | | 桌上显示器 | 27"W (IPS) | 1920x1080 | LED | 57.6 | 65.8 | 63.0 | 0.0 | 0.0% | | | 23.8"W (IPS) | ...

点击右边 阅读原文 了解更多详情 2026年第一季度存储器价格全面上涨，各类产品季增幅度将创历史新高 根据Tr endFor c e集邦咨询最新存储器产业调查，2026年第一季AI与数据中心需求持续加剧全球 存储器供需失衡，原厂议价能力有增无减，Tr endFor c e集邦咨询据此全面上修第一季DRAM、 NAND Fl a sh各产品价格季成长幅度， 预估整体Conventional DRAM合约价将从一月初公布 的季增55-60%，改为上涨90-95%，NAND Flash合约价则从季增33-38%上调至55-60% ，并 且不排除仍有进一步上修空间。 | | 4025 | 1Q26E revised | | --- | --- | --- | | PC DRAM | DDR4&DDR5 blended: up 38~43% | DDR4&DDR5 blended: up 105~110% | | Server DRAM | DDR4&DDR5 blended: up 53~58% | DDR4&DDR5 blended: up 88~93% | | Mobile DRAM | LPDDR4X: up ...

01 周价格表 | 多晶硅(Per KG) | 高点 | 低点 | 均价 | 涨跌幅 | | --- | --- | --- | --- | --- | | N型复投料(RMB) | 54.000 | 50.000 | 53.000 | 0.00% | | N型致密料(RMB) | 52.000 | 49.000 | 52.000 | 0.00% | | N型颗粒硅(RMB) | 51.000 | 50.000 | 50.000 | 0.00% | | 非中国区多晶硅(USD) | 22.000 | 13.100 | 17.500 | 0.00% | | 硅片 | 高点 | 低点 | 均价 | 涨跌幅 | | N型183单晶硅片-183mm/130μm (RMB) | 1.250 | 1.100 | 1.200 | -7.69% | | N型210单晶硅片-210mm/130µm (RMB) | 1.550 | 1.400 | 1.500 | -6.25% | | N型210R单晶硅片-210*182mm/130um (RMB) | 1.350 | 1.200 | 1.300 | -7.14% | | 电池片 ...

Feb. 5, 2026 根据Tr e n dFo r c e集邦咨询最新MLCC（多层片式陶瓷电容器）研究，2 0 2 6年第一季全球MLCC 产 业 呈 现 极 度 分 化 的 格 局 。 尽 管 全 球 局 势 变 化 加 剧 供 应 链 的 不 确 定 性 ， 但 受 惠 于 " 实 体 AI(Emb o d i e d AI) " 应用落地，高 端MLCC 需求逆势爆发；反观 中 低 端 MLCC ， 因 淡 季 效 应 、 原物料成本飙涨冲击传统消费性电子产品需求，制造商面临严峻营运压力。 受 惠 于 AI 基 础 建 设 （ 如 英 伟 达 NVIDIA GB2 0 0 / 3 0 0 Se r v e r ） 与 CSP 大 厂 （ 如 亚 马 逊 云 科 技 AWS、谷歌Go o g l e）的ASIC备货需求，高端MLCC订单畅旺，带动日、韩大厂高端MLCC产 能满载，Mu r a t a（村田）、SEMCO（三星电机）、Ta i y o Yu d e n（太阳诱电）的产能稼动率皆 维 持 在 8 0% 以 上 。 Mu r a t a 更 因 掌 握 先 进 封 装 关 键 料 源 ， ...

Core Viewpoint - The demand for AI and data centers is intensifying, leading to a significant imbalance in the global memory supply and demand, resulting in increased pricing power for manufacturers [3][4]. Price Adjustments - The price forecast for Conventional DRAM contracts has been revised from a quarterly increase of 55-60% to 90-95%, while NAND Flash contract prices have been adjusted from 33-38% to 55-60% for Q1 2026 [3][4]. - Specific price increases for various DRAM types are as follows: - PC DRAM: Expected to increase by 105-110% [6]. - Server DRAM: Anticipated to rise by 88-93% [6]. - Mobile DRAM (LPDDR4X): Projected to increase by 88-93% [6]. - Total DRAM: Conventional DRAM expected to rise by 90-95% [6]. - Total NAND Flash: Expected to increase by 55-60% [6]. Market Insights - The PC DRAM market is experiencing a supply shortage, with prices expected to rise over 100% in Q1 2026, marking a historical high [8]. - The Server DRAM market is seeing significant price increases, with expectations of a 90% rise due to strong demand from North American and Chinese cloud service providers [8]. - The Mobile DRAM market is also facing a supply-demand gap, leading to anticipated price increases of around 90% for both LPDDR4X and LPDDR5X [9]. NAND Flash Market Dynamics - Despite high demand for NAND Flash, manufacturers are prioritizing DRAM production due to better profit prospects, which is constraining new NAND Flash capacity [9]. - Short-term capacity bottlenecks are expected to persist, limiting the ability to meet demand [9]. Enterprise SSD Demand - The demand for high-performance storage devices is surging, particularly from North American cloud service providers, leading to a forecasted price increase of 53-58% for Enterprise SSDs in Q1 2026, the highest quarterly increase on record [10].

Jan. 30, 2026 Tr e n dFo r c e 集 邦 咨 询 供 应 链 调 查 结 果 显 示 ， Me t a 初 期 对 AR 眼 镜 市 场 需 求 采 取 相 对 保 守 的 态 度，除了考量过往VR装置销售的表现，也因关键光学零部件的供应仍受限。以Lumu s阵列光波 导为例，由于制程相对复杂与精密，Me t a最初的订单仅约8万台，属于测试市场水温的规模； 产 品 上 市 半 年 内 ， 拉 货 节 奏 迅 速 调 整 ， 近 期 已 扩 大 至 1 5 万 台 ， 增 幅 高 达 8 7 . 5% 。 其 余 如 Omn iVisi o n 的 Li q u i d Cr y st a l o n Sili c o n (LCoS) 、 Go e r o p ti c s 光 引 擎 组 装 ， 以 及 SCHOTT 的 光波导关键光学零部件订单，也呈阶梯式成长。 为应对逐步升温的拉货力道，上游显示与组装相关的代工体系正同步优化产线并提升良率，以 协助Me t a达成未来两年内累积5 0万台出货量的阶段性目标。 产业洞察 Tr e n dFo r c e集邦咨询表示，此一情况反 ...

Core Insights - The television industry is facing rising costs due to increases in memory, panel, and precious metal prices, leading to a downward revision of the global TV shipment forecast for 2026 from a decrease of 0.3% to 0.6%, totaling approximately 194.81 million units [3][5] - The cost structure has made it difficult to maintain previous low pricing strategies, necessitating price increases for new models [5][6] - The share of memory in the Bill of Materials (BOM) cost for TVs has risen from 2.5-3% to 6-7% due to the price surge [5][7] Shipment Forecast - The global TV shipment for 2026 is projected to be 194.81 million units, reflecting a year-on-year decrease of 0.6% [5][6] - Despite promotional events like the Super Bowl and FIFA World Cup, the second half of 2026 may face challenges in maintaining shipment momentum due to rising component prices [6][7] Cost Analysis - Panel costs account for approximately 40-50% of the total TV production cost, with prices beginning to rise as of January 2026 [6][7] - The price of 4GB DDR4 memory, commonly used in 4K TVs, has increased over fourfold in the past year, with expectations of a further increase of over 60% in the first quarter of 2026 [6][7] Market Dynamics - Smaller brands with limited resources are likely to be more adversely affected by the rising memory prices, impacting their production capabilities and profitability [7] - In the Chinese market, favorable subsidy policies for energy-efficient products are expected to benefit Mini LED models, with an anticipated penetration rate of 10% and shipments reaching 20 million units [7] - TCL is positioned to lead the Mini LED TV market, with a market share projected to exceed 30% due to its integrated advantages in materials and manufacturing [7]

01 周价格表 | 多晶硅 (Per KG) | 高点 | 低点 | 均价 | 涨跌幅 | | --- | --- | --- | --- | --- | | N型复投料(RMB) | 54.000 | 50.000 | 53.000 | 0.00% | | N型致密料(RMB) | 52.000 | 49.000 | 52.000 | 0.00% | | N型颗粒硅(RMB) | 51.000 | 50.000 | 50.000 | 0.00% | | 非中国区多晶硅(USD) | 22.000 | 13.100 | 17.500 | 0.00% | | 硅片 | 高点 | 低点 | 均价 | 涨跌幅 | | N型183单晶硅片-183mm/130um (RMB) | 1.350 | 1.200 | 1.300 | 0.00% | | N型210单晶硅片-210mm/130um (RMB) | 1.600 | 1.500 | 1.600 | 0.00% | | N型210R单晶硅片-210*182mm/130um (RMB) | 1.450 | 1.300 | 1.400 | 0.00% | | 电池片 ( ...