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 ( ...

由 于 DDR4 及 部 分 DDR5 价 格 涨 幅 过 大 、 成 本 转 嫁 困 难 ， 工 厂 已 暂 停 采 购 ， 导 致 现 货 交 易 停 滞；但因供应端持续短缺，报价仍维持高档。相较之下，DDR3凭借低价优势吸引买气转向， 本周询单增温并持续有实际成交，带动价格小幅上扬，成为现货市场唯一的动能来源。主流颗 粒 DDR4 1Gx 8 3 2 0 0MT/s 在 本 周 ( 1 / 2 1 - 1 / 2 7 ) 的 均 价 涨 幅 为 1 . 9 8% （ 由 US$ 3 0 . 3 0 上 涨 至 US$ 3 0 . 9 0）。 NAND Fl a sh现货市场： 近期现货价格持续上调，但在现货价格明显处于高档、消费型需求表现疲弱，以及春节假期将 近影响工厂稼动率等因素下，部分买方暂时采取观望态度。然而，现货供应商对后市价格走势 仍持正向看法，未选择让价出货，使得市场成交量表现平淡。本周(更新至1 / 2 6 ) 5 1 2Gb TLC Wa f e r现货价格上涨5 . 5 8%，均价达US$ 1 6 . 3 1 0。 根 据 Tr e n dFo r c e 最 新 发 布 的 存 储 ...

Core Insights - The article highlights the increasing importance of solid-state batteries as humanoid robots approach commercialization in 2026, with a projected demand for solid-state batteries exceeding 74 GWh by 2035, representing a growth of over 1,000 times from 2026 levels [2][5]. Group 1: Current Battery Technology - Currently, humanoid robots primarily use liquid lithium batteries, with most models having a battery capacity below 2 kWh and a runtime of 2 to 4 hours [6][8]. - High-nickel ternary lithium batteries (NMC/NCA) are the mainstream choice for robot batteries due to their relatively high energy density, while lithium iron phosphate batteries (LFP) are used for lower endurance applications [6]. Group 2: Future Developments - To achieve a runtime of 5 to 8 hours, strategies such as battery swapping technology are being explored, allowing for continuous operation without rebooting [7]. - The adoption of high energy density battery technology, such as solid-state batteries, is expected to significantly enhance the runtime of humanoid robots to over 4 hours [7]. Group 3: Challenges in Battery Development - The development of humanoid robot batteries faces two main challenges: the rapid iteration of core technologies affecting battery customization and the current focus on finding scalable commercial applications rather than improving battery life [8]. - Despite these challenges, the demand for high energy density, high discharge rate, and high safety batteries presents an opportunity for solid-state batteries to demonstrate their advantages [8].

Core Insights - The article discusses the growing importance of Range-Extended Electric Vehicles (REEV) as a transitional option for automakers moving towards full electrification, especially following the EU's recent policy adjustments regarding the ban on fuel vehicles by 2035 [2][3]. Group 1: Market Trends and Projections - TrendForce estimates that global REEV sales will reach 3 million units by 2030, doubling from 2025 levels, supported by policy flexibility, technological maturity, and market acceptance [2]. - The EU has relaxed its original "100% zero emissions" requirement for new cars to an average reduction of 90%, allowing for offsets through low-carbon steel and synthetic fuels, pending approval from member states and the European Parliament [2]. Group 2: REEV Characteristics and Advantages - REEVs are similar to Plug-in Hybrid Electric Vehicles (PHEV) but utilize the internal combustion engine solely for generating electricity, providing a driving experience closer to Battery Electric Vehicles (BEV) with lower carbon emissions compared to PHEVs [3]. - The dual power supply from both the internal combustion engine and battery pack significantly reduces range anxiety for drivers [3]. Group 3: Market Penetration and Key Players - The penetration rate of REEVs in the global new car market has increased from less than 3% to around 4% by Q3 2025, with Chinese manufacturers like Seres Group, Li Auto, and Changan Automobile leading the market due to lower vehicle prices and battery cost advantages [5]. - European manufacturers such as BMW, Volkswagen, Volvo, and Stellantis have announced plans to introduce REEV models by 2026, viewing them as a crucial transition before the full maturity of the electric vehicle market [5]. Group 4: Supply Chain and Challenges - The REEV architecture, which includes an internal combustion engine, power battery, and pure electric drive system, presents opportunities for the supply chain, particularly if penetration rates increase [5]. - However, the complexity of REEV systems and their concentration in high-end SUV segments pose challenges for widespread adoption, alongside lower energy conversion efficiency compared to BEVs [5].

Core Insights - The article highlights significant pressures on global laptop brands due to rising component costs, particularly in memory and CPU, leading to a forecasted decline in laptop shipments for 2026 [2][3]. Group 1: Market Trends - From the second half of 2025, laptop brands are facing substantial increases in memory prices, with a forecasted 14.8% quarter-over-quarter decline in global laptop shipments in Q1 2026 [2][3]. - The overall laptop shipment forecast for 2026 has been revised down from a 5.4% decline to a 9.4% decline due to supply chain bottlenecks and unclear brand strategies [9]. Group 2: Component Cost Analysis - Key components such as DRAM and SSD are expected to see contract prices increase by over 80% and 70% respectively in Q1 2026, significantly impacting overall laptop production costs [6]. - The cost of PCBs is rising due to increased design complexity and soaring copper prices, contributing to a structural trend of higher costs in laptop manufacturing [6][7]. Group 3: Supply Chain Challenges - The supply of CPUs is expected to remain constrained, with Intel's price increases and supply gaps likely to persist until at least March 2026, adding further pressure on laptop brands [2][3]. - Despite the supply risks, brands maintain an optimistic outlook for Q1 2026 shipments, although they may struggle to secure all necessary materials on time [7].