![<?echo $_SERVER['SERVER_NAME'];?>](/template/twentyseventeen/skin/images/header.jpg)
In order to alleviate the pressure of economic downturn and ensure the sound and rapid development of the economy, the government will continue to launch ten industrial revitalization plans after the introduction of 4 trillion investment to further optimize the industrial structure and achieve sustainable economic development. We believe that with the support of industrial policies, the electronic information industry is expected to usher in a phased opportunity after a downturn.
I. Electronic information welcomes the opportunity of industrial revitalization
With the ten major industrial revitalization policies being released, the electronic information industry is also welcoming opportunities for industrial revitalization. According to relevant sources, the revitalization content includes telecommunications, Internet and electronic products, mainly related to integrated circuits, software and information services, next-generation mobile communications, next-generation Internet, digital audio-visual, broadband communications.
From the perspective of industry volatility, the electronic information industry is a cyclical industry. Since 2004, the growth rate has been falling. According to the industry's previous four-year cycle, the current electronics industry should be in the early stage of a new round of boom cycle. However, affected by the subprime mortgage crisis, the electronics industry is still showing no signs of recovery. The launch of the electronic information industry revitalization policy will accelerate the upgrading of products in the industry and enhance the independent innovation capability of enterprises, which will have a positive effect on the bottoming out of the industry.
Second, grasp the opportunity of revitalization of the electronic information industry
In the revitalization of the electronic information industry, 3G should be one of the priorities. The main reason is that TD is the third-generation communication technology standard with independent intellectual property rights in China, and it is an important direction for China to develop emerging industries.
In terms of investment amount, the total investment of 2G and 3G of the three major operators in 2008 will not exceed 150 billion, of which 3G investment is estimated to be no more than 50 billion. After the 3G licensing, the total domestic 3G investment in 2009 and 2010 will exceed 280 billion, of which it may reach 150 billion in 2009. If the investment of 2G network is added, the total investment of telecom operators in the three major operators in 2009 will reach 270 billion yuan. In other words, in 2009 and 2010, the peak of investment will be ushered in.
After the investment in telecommunications is strengthened, it will drive demand in the fields of communication equipment, network operation and maintenance, and value-added services. The communication device includes a switch required for a core network, a radio access network, a bearer network, and the like, a device required for the base station, and a fiber optic cable. Related listed companies include ZTE, Wuhan Fangu, Fiberhome Communications, Zhongtian Technology, and Hengtong Optoelectronics. Among listed companies, ZTE is one of the biggest beneficiaries of 3G investment. In the second phase of China Mobile's TD tender in 2008, ZTE's market share was 45% and 28% respectively. Although the second phase has a lower market share than the first phase, ZTE's leading position remains. . In addition, ZTE has strong strength in WCDMA and CDMA2000, and the market share of CDMA2000 reaches 18%.
In addition, Wuhan Fangu is also one of the beneficiaries of telecom investment. The company's products are mainly duplexers, filters, RF subsystems, etc. In the early days, it mainly provided supporting products for telecom manufacturers such as Huawei. At present, it has expanded its business to large enterprises such as Motorola, Nokia, Ericsson, etc., and its market share. It has already accounted for about 8% of the world. Due to the high requirements of these telecom equipment vendors and the high financial and technical barriers of products such as RF subsystems, Wuhan Fangu can maintain a competitive advantage for a considerable period of time.
In terms of fiber optic cables, listed companies mainly include FiberHome Communications, Zhongtian Technology, and Hengtong Optoelectronics, while the unlisted Changfei is the leader in the domestic industry. From the perspective of market share, Hengtong Optoelectronics is relatively high, about 14%, Bonfire Communications is about 13%, and Zhongtian Technology is about 8%. Specifically, the advantage of Hengtong Optoelectronics lies in the commissioning of the prefabricated rods in 2009. From the perspective of the industrial chain, the profit margin of the optical fiber industry from high to low is the upstream prefabricated rod, the midstream fiber, and the downstream fiber optic cable. The production of the precast rod project of Hengtong Optoelectronics will become a fiber optic enterprise that can make prefabricated rods after Changfei.
In addition, the electronic products with energy-saving effects---the fourth-generation lighting source LED is also the focus of attention. Due to the characteristics of good energy saving, brightness and long life, LED has been widely used in mobile phones, LCD TVs, PCs and other products. At present, the companies engaged in the LED industry are Lianchuang Optoelectronics, Silan Micro, Fangda, Tongfang shares and so on. Lianchuang Optoelectronics is an early enterprise involved in the LED industry in China, and has a complete industrial chain of LED epitaxy, chip and packaging. Silan Micro and Tongfang have mastered the MOCVD equipment for blue-green optical chip epitaxial growth technology, and the profitability is better than Lianchuang Optoelectronics.
In the direction of integrated circuits, investors can pay attention to Shengyi Technology, Changjiang Electronics Technology, and China Microelectronics. Shengyi Technology is China's largest manufacturer of copper-clad laminates and an important electronic product. Changdian Technology has leading technology in chip packaging, and its competitive advantage is more obvious. Huawei Microelectronics continues to increase the proportion of high-end discrete devices and introduces MOSFET production lines, laying a foundation for faster growth in the future.
1
Hidden Camera,Surveillance Hidden Camera,CCTV Hidden Camera,Mini Hidden Camera
Smart Camera,Turbo HD Cameras Co., Ltd. , http://www.ywsongmeng.com