中银证券：中银晨会聚焦-20241203

Core Insights - The report highlights the launch of the SC585XS product by the company, which offers a more cost-effective solution for the high-end mobile CIS market compared to its predecessor, SC580XS, and is expected to further promote the localization of mobile CIS in China [2][3][4]. Product Overview - The SC585XS features a resolution of 50 million pixels, a pixel size of 1.22µm, and an optical size of 1/1.28 inches, utilizing 28nm Stacked BSI technology. It maintains similar performance parameters to the SC580XS while achieving lower costs, enhancing its market competitiveness [3]. - The SC585XS incorporates advanced technologies such as SFCPixel®-2, PixGain HDR®, and AllPix ADAF®, providing high dynamic range, low noise, fast focus, and ultra-low power consumption, which contribute to superior imaging experiences for flagship smartphones [4]. Market Context - The high-performance CIS market has been dominated by global leaders like Sony and Samsung, particularly in the 50 million pixel segment. The introduction of SC585XS is anticipated to provide more high-end CIS solutions for domestic mobile brands, thereby accelerating the localization of mobile CIS [5].