电子行业周报：高通IBM合作边缘测AI，星纪魅族AI产品亮相MWC

Investment Rating - The industry investment rating is maintained as "Add" [6] Core Insights - Qualcomm announced a collaboration with IBM to develop enterprise-level generative AI applications for cloud and edge environments, indicating a positive outlook for AI applications in the industry [11][27] - The consumer electronics sector is expected to benefit from the debut of AI-integrated products at MWC 2025, with a focus on AI and consumer electronics applications [12][27] - The advanced packaging technology is projected to drive long-term growth in the global wafer foundry industry, with a compound annual growth rate (CAGR) of 13% to 15% from 2025 to 2028 [13][29] - Domestic semiconductor equipment sales are expected to grow by 35% in 2024, surpassing 110 billion yuan, indicating a speeding up of the domestic semiconductor industry [15][28] Summary by Sections 1. Core Insights and Investment Recommendations - AI Edge: Qualcomm's partnership with IBM aims to create generative AI solutions for enterprise applications, which is expected to benefit the related industry chain [11] - Consumer Electronics: The debut of AI products at MWC 2025 is anticipated to showcase more applications combining AI and consumer electronics, benefiting the industry chain [12] - Advanced Packaging: The importance of advanced packaging technology is increasing in the computing era, with the industry chain expected to benefit [13] - Domestic Substitution: The domestic semiconductor equipment market is projected to grow significantly, indicating a positive trend for the industry chain [15] 2. Market Review - The A-share Shenwan Electronics Index fell by 4.87% during the week, underperforming the CSI 300 Index by 2.64 percentage points [18] - Among the sub-sectors, semiconductor (-3.62%) and optical electronics (-3.93%) performed relatively better, while components (-9.78%) and consumer electronics (-6.06%) lagged [19][22] 3. Industry News - Qualcomm and IBM's collaboration will be showcased at MWC 2025, focusing on enterprise-level generative AI applications [27] - Starry Meizu will debut its AI ecosystem products at MWC 2025, highlighting the integration of AI in consumer electronics [12][27] - CounterPoint Research forecasts a 20% revenue growth for the wafer foundry industry in 2025, driven by strong AI demand [29] 4. Company Dynamics - Jiangfeng Electronics is expanding its market share in ultra-pure metal sputtering targets due to technological advantages [30] - Precision Electronics is focusing on optical materials and devices for smart wearable terminals [30] 5. Company Announcements - Jiangfeng Electronics reported a revenue increase of 39.11% year-on-year for 2024, with a net profit growth of 56.90% [33] - Lexin Technology anticipates a significant increase in net profit, projecting a growth of 271.70% for 2024 [33]