电子行业周报：2024Q3全球芯片设备销售额同比增长19%，Micro LED产业前景可期

Investment Rating - The industry investment rating is maintained at "Overweight" [2][4] Core Viewpoints - The SW Electronics Index increased by 1.61% in the past week, outperforming the CSI 300 Index by 0.16 percentage points [2] - Global semiconductor equipment sales in Q3 2024 grew by 19% year-on-year, reaching $30.38 billion, marking the largest increase in 11 quarters [2] - The Chinese mainland market accounted for $12.93 billion in sales, a 17% increase year-on-year, maintaining its position as the largest semiconductor equipment market globally [2] - The Micro LED chip market is projected to reach $38.8 million in 2024, with potential growth to $48.9 million by 2028, driven by advancements in technology and applications in automotive displays and AR glasses [3] Summary by Sections Market Review - The SW Electronics Index outperformed the CSI 300 Index, with various sub-sectors showing positive growth, including Other Electronics II (3.47%), Consumer Electronics (3.25%), and Semiconductor (0.45%) [2] Semiconductor Equipment Sales - Q3 2024 global semiconductor equipment sales reached $30.38 billion, a 19% increase from the previous year, with significant contributions from the Chinese mainland, Taiwan, and South Korea [2] Micro LED Market Potential - The Micro LED chip market is expected to grow significantly, with advancements in technology and applications leading to a projected market value of $48.9 million by 2028 [3] Investment Recommendations - The report suggests focusing on undervalued semiconductor design stocks with real performance and low PE/PEG ratios, as well as companies in various segments such as AIOT SoC chips, analog chips, and semiconductor equipment materials [4]