电子行业周报：首批Apple Intelligence功能上线，多家封测厂商业绩表现亮眼

Investment Rating - The report maintains an "Overweight" rating for the electronics industry, indicating a positive outlook for the semiconductor sector in the second half of 2024, with expectations of a comprehensive recovery and improved profitability for related companies [4]. Core Views - Apple has launched its first batch of Apple Intelligence features, with more functionalities expected to be released in December 2024. These features enhance user experience across various applications, including text editing and Siri's capabilities [3]. - Several packaging companies have reported strong performance, with Changdian Technology achieving a revenue of RMB 9.491 billion in Q3 2024, a year-on-year increase of 14.95%, and Tongfu Microelectronics reporting a net profit increase of 85.32% [3]. - The domestic advanced packaging capacity is actively expanding, with significant projects underway, including Changdian Technology's automotive-grade chip packaging base and Tongfu Microelectronics' advanced packaging base [3]. Summary by Sections Market Review - The SW Electronics Index fell by 2.18% in the past week, underperforming the CSI 300 Index by 0.50 percentage points. Among six sub-sectors, optical optoelectronics, consumer electronics, components, electronic chemicals II, other electronics II, and semiconductors had varying performance, with optical optoelectronics up by 4.06% and semiconductors down by 4.27% [3]. Investment Suggestions - The report suggests focusing on semiconductor design stocks with low PE/PEG ratios and real performance, including Zhongke Lanyun and Juxin Technology in the AIOT SoC chip sector, and Meixin Sheng and Nanchip Technology in the analog chip sector. Additionally, it recommends attention to driving chip companies like Peak Technology and New Xiangwei, as well as semiconductor equipment materials firms like Huahai Chengke and Changhong Technology [4].