Huawei has become a bright spot in the global mobile phone market, and 5G is delighted. Structural innovation continues to benefit the RF industry. According to IDC's latest report statistics, 19Q1 global smartphone shipments were 310 million units, down 6.6% year-on-year and 17.2% month-on-month. Huawei's smartphone shipments in the first quarter were 59.1 million units, up 50% year-on-year. After the second quarter of last year, it surpassed Apple again, accounting for 19% of the global smartphone market, a record high.

In April 19, domestic smartphone shipments were 34.791 million units, an increase of 6.5% year-on-year, and rebounded after five consecutive months of decline.

Although the growth rate of global smartphone shipments is still declining year-on-year, Chinese smartphone component manufacturers continue to gain a higher market share in the existing product line, continue to realize product upgrades and innovations, and increase the value of components And major manufacturers are constantly expanding the downstream application areas, entering automotive electronics, Internet of Things and other fields, looking for new growth momentum. Therefore, we are still optimistic about the development opportunities of leading consumer electronics companies in the second half of 19th.

Large-size LCD panel prices are picking up, OLED continues to penetrate, and the inflection point of the panel industry is approaching. In terms of LCD, from the cost side, prices continue to fall downwards, and there has been a momentum of bottoming out. At the same time, some manufacturers' capacity withdrawal plan, the traditional peak season in the second half of the year, and domestic terminal brands such as Huawei have entered the large-screen market. The structure of the company is improving. In 2019, OLED will penetrate from the flagship model to the mid-end model. At the same time, all parties will work together to promote foldable products. Panel manufacturers are looking for a fast-growing market. Terminal manufacturers need explicit innovation. The mainland OLED industry chain It is expected to benefit. Benefiting from industrial transfer, 5G, and the construction and penetration of automotive electronics, the printed circuit board industry will be driven to a higher level. PCB has benefited from 5G construction, with both price and volume increasing. At the same time, with the general trend of industry transfer to mainland China and the positive attitude of PCB expansion, the construction in progress has reached a new high, so from capacity expansion and 5G In terms of benefits, we are firmly optimistic about the future development of the PCB industry; for FPC, we are optimistic about the use of FPC by consumer electronics terminals and automotive electronics; IC carrier board breakthroughs in the unmanned state in China, realizing real domestic substitution, while benefiting from the fourth The secondary silicon content increase cycle, and the large number of IC carrier boards supporting demand after the expansion of the mainland FAB plant, we also focus on the domestic carrier board market and industry.