科技行业调研：关注新能源车行业价格竞争与产业链降价，智能手机行业全年销量预期保持稳定

Investment Rating - The report maintains a positive outlook on the new energy vehicle (NEV) sector, with a sales forecast of 11-12 million units for 2023 [1] - The smartphone sector is expected to see low single-digit growth for the year, with a focus on companies with business growth potential [3] Core Insights - The NEV market is experiencing intense price competition, leading to potential downward pressure on prices throughout the supply chain [1] - The smartphone supply chain saw a 12% year-on-year increase in global shipments in Q1, with a notable difference in performance between Apple and Android devices [3] - The report highlights the importance of new model growth momentum in the NEV sector and suggests investors focus on companies like Li Auto (LI.US/2015.HK) and Leap Motor (9863.HK) [3] Summary by Sections New Energy Vehicles - The NEV sector's sales have rebounded from a low during the Spring Festival to 830,000 units in March, maintaining high levels in April and May [1] - The penetration rate of new energy passenger vehicles in China reached 44% in April, continuing an upward trend [1] - Market concerns include the high competition leading to price pressures and the impact of Li Auto's downward adjustment of annual delivery guidance on the supply chain [1] Smartphone Industry - Global smartphone shipments in Q1 showed a 12% year-on-year growth, with the Android segment outperforming Apple [3] - Apple's supply chain experienced a significant decline in shipment growth, with some suppliers seeing a drop of up to 30% [3] - The report anticipates that while the Android segment performed well, the overall smartphone market is expected to see low single-digit growth for the year [3]