电子行业周报：DeepSeek活跃用户突破3000万

Investment Rating - The report indicates a strong performance of the electronic industry, with the Shenyin Wanguo primary electronic index rising by 8.13%, outperforming the Shanghai Composite Index by 4.51 percentage points and the CSI 300 Index by 4.84 percentage points [3][7]. Core Insights - DeepSeek has surpassed 30 million active users, becoming the fastest application to reach this milestone [3][20]. - Global semiconductor sales are projected to grow by 19.1% year-on-year in 2024, reaching $627.6 billion, marking the first time sales exceed$600 billion [3][24]. - The electronic industry is ranked fourth among primary industries, with a PE valuation rising to approximately 59.65 times [3][7]. Market Trends - The Shanghai Composite Index increased by 3.62% and the CSI 300 Index by 3.29% during the week of February 6 to February 12 [3][7]. - The smartphone shipment in Q4 2024 reached 331 million units, a year-on-year increase of 1.72%, showing a slight decline compared to the previous quarter [10][13]. - In November 2024, China's smartphone shipments were 28.19 million units, reflecting a year-on-year decrease of 5.60% [13]. Industry Dynamics - DeepSeek's user growth was significant, with 1.25 million new users in January 2025 alone, primarily in the last week without any advertising [20]. - Renesas Electronics reported a 42.9% decline in operating profit for 2024, with revenue down by 8.2% [21][23]. - MediaTek's Q4 2024 revenue increased by 6.5% year-on-year, with a consolidated operating income of 138.04 billion New Taiwan dollars [25]. Company Performance - Semiconductor manufacturer SMIC reported a 31% year-on-year increase in revenue for Q4 2024, with total revenue of 15.92 billion RMB [27].