Workflow
AR/VR
icon
Search documents
【招商电子】高伟电子:24H2业绩超预期,后摄放量驱动新一轮高成长
招商电子· 2025-03-21 01:25
Core Viewpoint - The company reported a significant increase in revenue and net profit for 2024, driven by the growth of its rear camera business and rising demand for laser radar in the smart driving sector [2]. Group 1: Financial Performance - For the full year 2024, the company achieved revenue of 2.494 billion yuan, representing a year-on-year increase of 169%, and a net profit attributable to shareholders of 119 million yuan, up 156% year-on-year [2]. - In the second half of 2024, the company’s revenue reached 1.896 billion yuan, showing a year-on-year growth of 242% and a quarter-on-quarter increase of 218%. The net profit for this period was 103 million yuan, reflecting a year-on-year increase of 261% and a quarter-on-quarter increase of 544% [2]. - The net profit margin for the full year 2024 is projected to be 4.8%, with the second half showing a margin of 5.4%, indicating an improvement in profitability as the rear camera business scales up [2]. Group 2: Business Growth Drivers - The rear camera business is entering a growth phase, with successful penetration into the iPhone's new ultra-wide and periscope camera segments, contributing to substantial revenue growth [2]. - The demand for laser radar is rapidly increasing, benefiting from the widespread adoption of smart driving technologies [2]. - The company is expected to continue strong performance in the first half of 2025, supported by the new iPhone 17 models featuring optical innovations [3]. Group 3: Strategic Initiatives - The company is actively expanding into new business areas such as AR/VR, smart driving, and robotics, which are expected to provide long-term growth opportunities [3]. - In AR/VR, the company is involved in Apple's innovations, focusing on core optical components like MicroLED display technology [3]. - In the smart driving sector, the company has established a deep partnership with a leading player, providing laser radar module services [3].
CINNO Research周华:全球驱动芯片市场“洗牌”,技术迭代、地缘政治与存量竞争交织下的机遇重构
CINNO Research· 2025-03-17 03:08
2 0 2 5年3月7日,在CINNO Re s e a r c h举办的"全球驱动芯片市场机遇与挑战"会员线上沙龙中, CINNO Re s e a r c h首席分析师周华以近期行业密集的资本动作为切口,揭开了显示驱动芯片市场 的深层变革。 数据显示,中国大陆已占据全球显示面板7 6%的产能份额,驱动芯片本土化率已跃升至3 4%。然 而,在OLED驱动芯片等高端领域,2 8 nm及以下制程仍被台韩企业主导,价格下行与存量竞争的 双重压力持续挤压利润空间。周华(Ch a rl e y)指出:"当前行业正处于技术迭代、地缘政治与资 本寒冬的三重挤压下,并购重组已从'可选项'变为'必选项'。" 市场分化:高端战场与价格绞杀 过去三年,全球驱动芯片行业经历了一场"冰火两重天"的洗礼,陷入"量升价跌"的怪圈。2 0 2 1年 受缺芯潮推动,市场达到高点;而2 0 2 2至2 0 2 3年,受消费电子需求低迷影响,整体市场量价双 降。进入2 0 2 4年后,受AI芯片需求拉动,晶圆代工产能利用率回升,尽管整体价格趋稳,但显 示驱动芯片价格依然承压,市场正逐步进入存量竞争阶段。 在显示驱动芯片领域,市场呈现出价格持续下 ...
CINNO Research周华 :全球驱动芯片市场“洗牌”,技术迭代与并购潮下的机遇重构
CINNO Research· 2025-03-12 11:40
2 0 2 5年3月7日,在CINNO Re s e a r c h举办的"全球驱动芯片市场机遇与挑战"会员线上沙龙中, CINNO Re s e a r c h首席分析师周华以近期行业密集的资本动作为切口,揭开了显示驱动芯片市场 的深层变革。 本篇看点: 数据显示,中国已占据全球显示面板7 6%的产能份额,驱动芯片本土化率三年内从不足1 0%跃升 至3 4%。然而,在OLED驱动芯片等高端领域,2 8 nm以下制程仍被台韩企业主导,价格下行与存 量竞争的双重压力持续挤压利润空间。周华指出:"当前行业正处于技术迭代、地缘政治与资本 寒冬的三重挤压下,并购重组已从'可选项'变为'必选项'。" 市场分化:高端战场与价格绞杀 驱动芯片本土化率提升,但高端市场仍被台韩垄断。在2 8 nm以下的高端 OLED市场,大陆企业的市场份额仍然不足1 5%。 行业面临"量升价跌"困境,市场规模缩水触发并购潮:显示驱动芯片行业在 近年来出现了产量上升但价格下跌的趋势。 行业转向生态重构,技术卡位与产业链整合成为关键:显示驱动芯片行业正 在从简单的"替代"策略转向更深层次的生态重构。 过去三年,全球驱动芯片行业经历了一场"冰火两重 ...
近年高峰!2024年全球手机面板出货量达21.57亿片
WitsView睿智显示· 2025-02-26 11:14
Core Viewpoint - The global smartphone panel shipment is expected to grow by 11.4% in 2024, reaching 2.157 billion units, driven by the increase in new smartphone sales and demand for second-hand and refurbished devices. However, a decline of 3.2% is anticipated in 2025, with shipments expected to drop to 2.093 billion units due to stabilizing new device demand and a slight decrease in the second-hand market [1]. Group 1: Company Performance - BOE (京东方) remains the leading global smartphone panel supplier, with shipments projected at 613 million units in 2024 and expected to reach 630 million units in 2025, reflecting a growth of 2.7% [2]. - Samsung Display (三星显示) is forecasted to ship 378 million units in 2024, benefiting from Apple's demand for high-end AMOLED panels. However, shipments are expected to decline to 365 million units in 2025, a decrease of 3.5% due to potential changes in Apple's supplier strategy [3]. - HKC (惠科) is projected to ship 228 million units in 2024, with a slight increase to 230 million units in 2025, growing at a rate of 0.7% [4]. - CSOT (华星光电) is expected to see significant growth, with shipments reaching 215 million units in 2024, marking an 83.2% increase, and a slight rise to 223 million units in 2025 [5]. - Tianma (天马) is anticipated to ship 158 million units in 2024, with a potential 10% increase in 2025, despite facing challenges from declining LTPS LCD demand [6]. Group 2: Market Trends - The demand for AMOLED panels remains strong among smartphone brands, contributing to the overall increase in panel shipments, a trend expected to continue into 2025. However, the demand for LTPS LCD panels used in mid-range smartphones is weakening, posing challenges for suppliers focused on this technology [6]. - The market share of Taiwanese panel manufacturers is gradually shrinking due to the rapid growth of HKC and CSOT. In contrast, Japanese panel manufacturers are exiting the smartphone market, leading to a decline in their market share [6]. - Korean panel manufacturers maintain a competitive edge in the high-end smartphone market, with a market share of approximately 20% to 21% in 2024, while Chinese manufacturers are rapidly expanding their market share, projected to reach 69.8% in 2024 and potentially exceed 70% in 2025 [6].
视涯科技启动A股IPO:专注OLED微型显示技术,大疆、小米为股东
IPO早知道· 2024-10-14 14:36
已应用于大疆、小米等品牌的AR/VR产品。 本文为IPO早知道原创 作者|Stone Jin 微信公众号|ipozaozhidao 据IPO早知道消息,视涯科技股份有限公司(以下简称"视涯科技")于2024年10月11日同海通证券 签署辅导协议,正式启动A股IPO进程。 其中,大疆、小米等既为视涯科技的重要客户、亦为视涯科技的重要股东。 本文由公众号IPO早知道(ID:ipozaozhidao)原创撰写,如需转载请联系C叔↓↓↓ 成立于2016年的视涯科技专注于新一代半导体OLEDoS显示器研发、设计、生产和销售,多年以来 始终致力于打造OLEDoS显示应用生态链,为客户提供端到端微显示相关解决方案。 目前, 视涯科技在合肥新站高新区内建设有一个面积为53763.19平方米的专注于12英寸晶圆硅基 OLED微型显示组件的研发生产基地 , 每月可生产9000片12英寸晶圆投片 。相较于传统的8英寸 晶圆,12英寸晶圆成本更低、技术平台更先进。此外,视涯科技正在推进第二条生产线建设,以进 一步满足各类客户的产能需求。 在技术侧,视涯科技现已成功掌握电流驱动、高刷新率、广色域、叠层白光OLED器件等一批关键技 术, ...