通信行业周报：火山引擎Force原动力大会临近，关注AI应用进展

Investment Rating - The report maintains a "Recommended" rating for the telecommunications and electronics industry, considering the sustained high prosperity of the sector driven by AI, 5.5G, and satellite communications [3][4]. Core Insights - The overall market performance for the telecommunications sector shows a positive trend, with the industry index rising by 1.91% during the week of December 9-13, 2024, while major indices like the Shanghai Composite and Shenzhen Component experienced declines [3][12]. - The telecommunications application value-added services sub-sector saw the highest increase, with a rise of 11.82%, while the telecommunications cables and supporting sub-sector faced the largest decline at 2.28% [3][15]. - Notable individual stock performances included Sanwei Communication, which surged by 51.40%, followed by Runze Technology at 41.54% and Beiwai Technology at 34.76% [3][18]. Summary by Sections Weekly Market Performance - The telecommunications industry index increased by 1.91% during the week, contrasting with declines in major stock indices [12]. - The telecommunications application value-added services sub-sector led the gains with an 11.82% increase, while telecommunications cables and supporting services saw a 2.28% decline [15][16]. - The distribution of stock performance in the telecommunications sector showed 51.18% of stocks rising, 37.01% declining, and 11.81% remaining flat [18]. Industry News - The establishment of China's first Quantum Computing and Data Medicine Research Institute aims to enhance medical data security and applications through quantum computing [21]. - China Mobile, in collaboration with global operators, published a paper on 6G, emphasizing the need for unified international standards [24]. - Omdia forecasts that the generative AI market will grow from $14.6 billion in 2024 to $72.8 billion by 2029, highlighting significant growth potential across various sectors [27]. - The Ministry of Industry and Information Technology is pushing for the advancement of 5G technology, focusing on applications and network upgrades [28][29]. - Broadcom reported strong financial results, with a 51% year-over-year revenue increase, driven by AI demand [30][31]. Company Announcements - Key announcements from the telecommunications sector included personnel changes at Hengtong Optoelectronics, with the departure of the chief engineer and sales director [31].