电子行业周报：存储价格止跌回稳减产效果逐渐显现，谷歌或终止开源安卓项目国产鸿蒙自主可控价值凸显-2025-03-30

Investment Rating - The industry investment rating is "Overweight" [1] Core Views - The report highlights that storage prices have stabilized after a decline, with production cuts starting to show effects. NAND Flash wafer prices are expected to increase by 10-15% quarter-on-quarter in Q2 2025 due to reduced supply and rising demand [4][24]. - Google's potential termination of the open-source Android project (AOSP) raises concerns about the future of the Android ecosystem, emphasizing the value of domestic operating systems like Huawei's HarmonyOS, which is set to launch a new computer operating system in May 2025 [5][30]. Summary by Sections Market Performance - During the week of March 24 to March 28, 2025, the Shanghai Composite Index fell by 0.40%, the Shenzhen Component Index decreased by 0.75%, and the ChiNext Index dropped by 1.12%. The Shenwan Electronics Index saw a decline of 2.07%, with the best-performing sector being electronic chemicals, which rose by 2.43% [3][36]. Storage Market Insights - NAND Flash manufacturers began production cuts in Q4 2024, leading to a recovery in prices. The demand for enterprise SSDs is increasing, and the overall NAND Flash wafer market is expected to see a price increase of 10-15% in Q2 2025 [4][24]. - DRAM prices are projected to decline by less than 5% in Q2 2025, with the overall average price, including HBM, expected to rise by 3-8% [4][22]. Domestic Operating System Development - Huawei's HarmonyOS is positioned to fill the gap left by the potential closure of AOSP, with the upcoming launch of HarmonyOS computers in May 2025. This development is crucial for China's electronic information industry, especially in the context of U.S. sanctions [7][30]. Company Performance - The report notes that the best-performing stocks in the electronics sector for the week included TaiLing Micro, ZhiChun Technology, and GuanShi Technology, while GQY Vision and LiYade performed poorly [55].