Group 1 - The core viewpoint is that multi-mode communication systems are essential for the current 5G mobile terminal market, as 5G technology needs to be backward compatible with 4G/3G/2G standards [1] - The company’s RF front-end products are primarily used in 5G mobile terminals, indicating a strong focus on this segment [1] - By mid-2025, the company expects a significant portion of its inventory structure to consist of general-purpose raw materials, allowing for flexible and efficient conversion into various finished products based on customer orders [1] Group 2 - This approach not only enables rapid response to market demands but also significantly reduces the risk of product obsolescence [1] - As the production capacity and output scale of the company continue to increase, the reserves of raw materials related to manufacturing are also expected to grow [1] - The company’s inventory strategy aims to ensure supply chain stability and enhance risk resistance capabilities [1]
卓胜微：公司射频前端相关产品主要应用于5G移动终端