电子设备行业动态点评：5G规模化应用有望迎来加速

Investment Rating - The report maintains an "Outperform" rating for the electronic equipment industry [5]. Core Insights - The release of the "5G Scale Application 'Set Sail' Action Upgrade Plan" by the Ministry of Industry and Information Technology and other departments is expected to accelerate the application of 5G technology across various sectors, aiming for over 85% penetration of 5G personal users and over 75% of network access traffic by the end of 2027 [2][10]. - The 5G industry supply is continuously enriching, with over 1,000 innovative industry terminal module products being developed, enhancing the capabilities in key areas such as chip modules and industry terminals [2][3]. - The 5G application ecosystem is rapidly expanding, with plans to cultivate 200 solution providers and establish 50 distinctive 5G application innovation carriers [3][10]. Summary by Sections 5G Application Development - The plan aims to create a development pattern characterized by universal capabilities and widespread applications by the end of 2027, with significant advancements in 5G applications in key industries such as factories, hospitals, and scenic areas [2]. - The report highlights the goal of achieving a 45% penetration rate of 5G applications in large and medium-sized industrial enterprises [2]. Network Infrastructure - The report notes that the number of 5G base stations per 10,000 people has reached 38, with over 85% of the 5G network being utilized [3]. - The establishment of 70,000 5G industry virtual private networks and 5,000 edge computing nodes is mentioned as a significant step towards building a new digital foundation [3]. Investment Recommendations - The report suggests focusing on specific sectors within the domestic communication industry, including base station components, optical communication, private networks, computing power applications, and IoT chip modules and terminals [10].