Shanghai New Vision Microelectronics (SH:688593)2024-01-11 07:34Group 1: Market Overview - Since 2022, the global AMOLED penetration rate has accelerated, with the domestic OLED market demand continuously expanding [1] - The overall demand recovery trend in the consumer electronics sector for 2023 has been slow, but the company has seen structural growth in product shipments, particularly in smart wearable devices [1][2] - In 2023, some products faced pricing pressure, impacting overall revenue [1] Group 2: Company Outlook - The company plans to continue increasing its workforce, especially in R&D, to develop more new products [2] - There is optimism for 2024, with expectations of a recovery in the semiconductor industry driven by domestic terminal brands, improving supply-demand relationships [2] - The company will actively track market trends and adjust competitive strategies to further promote its development [2]