电子行业双周报（2025、12、26-2026、01、08）：1月TV面板价格全面调涨-20260109

Investment Rating - The industry investment rating is not explicitly stated in the provided content, but the electronic sector is performing well, with a ranking of 4th in the Shenwan industry for January [10][11]. Core Insights - The electronic sector has shown a cumulative increase of 6.77% in January, outperforming the CSI 300 index by 4.44 percentage points [10]. - The price of TV panels has increased across various sizes, driven by strong procurement momentum from certain TV brands, with expectations for further price improvements due to upcoming demand from new policies and international events [27]. - The SW electronic sector's PE TTM (excluding negative values) is at 64.05 times, placing it in the 98.43 percentile for the past five years and 98.24 percentile for the past ten years [15]. Summary by Sections Market Review and Valuation - The Shenwan electronic sector has risen by 5.84% over the past two weeks, outperforming the CSI 300 index by 3.79 percentage points, ranking 6th among Shenwan industries [10]. - The sector's performance in January shows a cumulative increase of 6.77%, again outperforming the CSI 300 index by 4.44 percentage points, ranking 4th [10]. Industry News - The Ministry of Industry and Information Technology and other departments have issued an implementation opinion for the "Artificial Intelligence + Manufacturing" initiative, aiming for significant advancements in AI technology and applications by 2027 [20]. - NVIDIA's CEO showcased the new AI platform Rubin at CES, which includes advanced chips and is set to enter full production, with products expected to launch in the second half of 2026 [20]. - The price of LCD TV panels has increased by $1 per unit for various sizes, driven by strong demand and upcoming production cuts from major manufacturers [27]. Company Announcements - Companies like Shengyi Technology and Defu Technology have made significant announcements regarding investments and partnerships to enhance their production capabilities and product offerings [18][21]. Industry Data - Global smartphone shipments reached 323 million units in Q3 2025, marking a year-on-year growth of 2.57% [22]. - In November 2025, China's smartphone shipments totaled 28.75 million units, reflecting a year-on-year increase of 1.98% [22]. - The prices for various sizes of LCD panels in December 2025 were reported, with slight changes in pricing compared to the previous month [23]. Weekly Perspective - The report indicates a positive outlook for TV panel prices due to strong demand and upcoming production adjustments by major manufacturers, suggesting further price increases in the near future [27].