通信行业周报：3GPP R18标准正式冻结，预计24Q2光模块市场超26亿美元

Investment Rating - The report assigns a "Recommended" rating to the telecommunications and electronics industry, considering the sustained high prosperity of the sector driven by AI, 5.5G, and satellite communications [3][10]. Core Insights - The telecommunications sector experienced a weekly increase of 1.28% from June 17 to June 21, 2024, while the broader market indices saw declines [3][10]. - The highest increase among sub-sectors was in communication cables and accessories, which rose by 4.18%, while communication application value-added services saw the largest decline at 2.96% [12][13]. - Notable individual stock performances included Cheng Tian Wei Ye with a 25.02% increase, followed by ST Peng Bo and ST Jiu You with increases of 23.77% and 22.94%, respectively [14]. Summary by Sections Market Overview - The overall market sentiment for the telecommunications sector remains positive, with a notable increase in the communication index despite declines in major stock indices [10]. - The report highlights the strong performance of specific sub-sectors, particularly communication cables and accessories, indicating a robust demand in this area [12][13]. Key Developments - The 3GPP Release 18 standard was officially frozen, marking a significant milestone in the evolution of 5G technology, which is expected to enhance network performance and pave the way for 5G-A technologies [4]. - The report emphasizes the importance of 5G-A as a key technology for expanding the capabilities of 5G and facilitating the transition to 6G [4]. Market Projections - LightCounting projects that the optical module market will exceed $2.6 billion in Q2 2024, driven by strong demand from major cloud service providers [19]. - The report also notes that the DCIM market is expected to reach a value of $6.3 billion by 2030, highlighting the growing importance of data center infrastructure management [21][22]. Recommended Stocks - The report suggests focusing on companies within the computing power supply chain and satellite internet sectors, recommending specific stocks such as Zhongji Xuchuang and Hai Ge Communication [5].