电子行业周报：构建自主可控产业链，关税战的本质是科技战

Investment Rating - The industry investment rating is "Overweight" [1] Core Viewpoints - The essence of the tariff war is a technology war, with the goal of maintaining U.S. dominance in the global economic system. China is encouraged to accelerate technological innovation and build a self-controlled industrial chain to overcome external pressures [4][5] - The semiconductor industry is seeing a push for domestic alternatives, particularly in the context of U.S. export controls on chips. This trend is expected to accelerate in areas such as wafer foundry, analog chip design, and power devices [4][5] - The global semiconductor equipment market is projected to reach $117 billion in 2024, reflecting a 10% increase from 2023, driven by investments in advanced technologies and capacity expansion in China [26][27] Summary by Sections Industry News - The global PC shipment in Q1 2025 reached 62.7 million units, a year-on-year increase of 9.4%, with Lenovo leading the market [11] - The adoption rate of in-car wireless charging systems has surpassed 50% globally, with significant growth expected in the Chinese market [19][20] Market Performance Review - From April 7 to April 11, 2025, the Shanghai Composite Index fell by 3.11%, while the ShenZhen Component Index and the ChiNext Index dropped by 5.13% and 6.73%, respectively. The Shenwan Electronics Index decreased by 3.89% [31] - The best-performing sector was analog chip design, with a rise of 6.04%, while printed circuit boards saw a decline of 10.16% [31] Company Performance - The top five performing stocks for the week included Kaide Quartz and Shengbang Co., while GQY Vision and Liyade performed poorly [51] - Year-to-date, the best performers included Chipone Technology and Kaide Quartz, while Guoxing Optoelectronics and Shengyi Technology lagged behind [51]