Semiconductor companies' performance plummeted in Q4 2018

Jiwei.com News: As listed companies enter the intensive disclosure period of their 2018 annual reports, listed semiconductor companies are gradually disclosing their performance reports. In 2018, due to the decline in the semiconductor industry, most listed semiconductor manufacturers saw a sharp drop in performance in the fourth quarter of 2018, which more or less dragged down their performance for the whole year.

This week, the Science and Technology Innovation Board has seen new developments since it began accepting companies on a regular basis. On March 30, the Shanghai Stock Exchange's Science and Technology Innovation Board's stock issuance and listing review section showed that the status of three companies, including Yantai Ruichuang Micro-Nano Technology Co., Ltd., Wuhan Keqian Biological Co., Ltd., and Jiangsu Tiannai Technology Co., Ltd., changed from "accepted" to "inquired."

In addition, in the mobile phone industry chain, Huawei held a new product launch conference for the P30 series in Paris on March 26, releasing two mobile phones, the P30 and P30 PRO, as well as supporting smart watches, Bluetooth headsets and smart sunglasses. Benefiting from this, the share prices of Huawei concept stocks such as Sunlord Electronics, Dongshan Precision, Goertek, Shenzhen South Circuit, Luxshare Precision, and Shanghai Electric have all soared.

Huahong, Silan Microelectronics, SMIC and other companies have disclosed their annual reports

A-shares have entered a period of intensive release of annual reports. This week, Will Semiconductor, Fenghua High-Tech, Tongfu Microelectronics, Silan Microelectronics, and Huahong Grace Semiconductor announced their results, and next week Taiji Industrial, Fuman Electronics, and Zhongying Electronics will take over.

The author observed that in 2018, due to the decline in the semiconductor industry's business climate, the performance of most listed semiconductor manufacturers plummeted in the fourth quarter of 2018, which more or less dragged down the performance for the entire year.

Fenghua Hi-Tech said that in 2018, the global electronic components market benefited from the adjustment of industry capacity structure and the growth of demand in the terminal new application market. Supply and demand continued to be tight from the first to the third quarter, and product prices, especially MLCC and chip resistor prices, continued to rise. Affected by the cooling of demand for consumer electronic terminals such as smartphones and the Sino-US trade war, the market returned to rationality in the fourth quarter and prices fell.

Will Semiconductor said that in line with the growth of market demand in the fields of blockchain and the Internet of Things, and benefiting from the price increase caused by tight production capacity, the company's semiconductor distribution business sales in the first three quarters have increased significantly, and the gross profit margin has increased significantly year-on-year. Affected by the market boom, the company's semiconductor design business and semiconductor distribution business sales have declined, and net profit in the fourth quarter has dropped sharply.

Tongfu Microelectronics stated that due to the impact of the macro-political and economic situation, end customers had unclear market expectations and were cautious in stocking up, resulting in a significant decline in the market. In the fourth quarter of 2018, the company's demand for terminal products such as smartphones, consumer electronics, and automotive electronics was lower than expected. Emerging industries such as 5G, Internet of Things, and AI have not yet taken off, affecting the company's revenue in the fourth quarter of 2018.

The acceptance of companies on the Science and Technology Innovation Board has become a normal practice, and three companies have been questioned

On the evening of March 29, the Shanghai Stock Exchange website announced a list of nine companies whose applications for the Science and Technology Innovation Board were accepted, including the much-discussed AMEC, Transsion Holdings, and Anjie Micro. So far, since the first batch of accepted companies was released on March 22, a total of 28 companies' application drafts have been disclosed in six working days.

As of now, there are 8 semiconductor and mobile phone industry chain-related companies among the companies accepted by the Science and Technology Innovation Board, including SMIC, Anjie Microelectronics, Transsion Holdings, Fujian Fuguang Technology, Huaxing Yuanchuang, ArcSoft, Hejian Chip, and Amlogic Semiconductor.

On March 30, the Shanghai Stock Exchange's Science and Technology Innovation Board's stock issuance and listing review section showed that the status of three companies, including Yantai Ruichuang Micro-Nano Technology Co., Ltd., Wuhan Keqian Biological Co., Ltd., and Jiangsu Tiannai Technology Co., Ltd., was changed from "accepted" to "inquired."

It is worth mentioning that the Shanghai Regulatory Bureau disclosed this week the summary report on the guidance work for companies that are planning to be listed on the Science and Technology Innovation Board, including Espressif Information, Jingfeng Mingyuan, Juchen Semiconductor, and Lanqi Technology, announcing that the above-mentioned companies have achieved the expected results of the guidance work and are qualified to submit stock issuance applications to the China Securities Regulatory Commission and the Shanghai Stock Exchange.

Huawei P30 series released, related listed companies' earnings

This week, Huawei held a new product launch conference for the P30 series in Paris, launching two mobile phones, the P30 and P30 PRO, as well as supporting smart watches, Bluetooth headsets and smart sunglasses. The upgrade of the Huawei P30 series camera in low-light and zoom photography capabilities has sparked heated discussions among netizens.

It is reported that the new P30 Pro is equipped with a super-sensitive Leica quad-camera system, which is the first time that a super-sensitive sensor and a periscope lens combination are configured on a mobile phone. The four lens combinations are a 40-megapixel super-sensitive lens, a 20-megapixel ultra-wide-angle lens, an 8-megapixel super zoom lens, and a ToF camera.

According to a reporter from Jiwei.com, the P30 Pro uses a "periscope telephoto lens" for zooming this time, and the suppliers of its periscope prisms are mainly Sunny Optical, Lida Optoelectronics and Crystal Optech, etc.

At the same time, Changying Precision provides Huawei P30 with a periscope camera module bracket and a high-end waterproof type-C connector. At the same time, Sunlord Electronics exclusively supplies wireless charging coils for the smart sunglasses released simultaneously with the Huawei P30 series.

In addition, industry insiders revealed that the current optical system supply chain for Huawei's P30 series mainly includes Sunny Optical, OFILM, Q Technology, Largan Precision, and Lijing.

In the field of fingerprint recognition, the P30/P30 Pro does not have a physical fingerprint like the P20 series. Instead, it uses Goodix Technology's innovative product portfolio to exclusively provide the Huawei P30 series with an under-screen optical fingerprint and provides a leading AMOLED touch solution.

As for the screen suppliers of the P30 series, the P30 currently uses Samsung screens, while the P30 Pro flexible screens come from BOE and LGD.