The panel industry in the integrated circuit field is integrating faster

The industry's prosperity has recovered, and the growth of downstream demand has accelerated the domestic substitution

In recent years, innovation in consumer electronics has continued to drive the market demand for MLCC, especially the development of smartphones, 5G, and new energy vehicles. With the continuous advancement of MLCC technology, the continuous improvement of reliability and integration, MLCC has now developed into one of the most in-demand and fastest-growing passive components in the world.

Jiwei Comment: Compared with inductors, there is still a lack of leading companies in MLCC in China, or the position of leading companies is not stable enough.

[IPO Value] Dongxin shares suffered a huge loss of 156 million yuan in three years, and its wafer foundry is highly dependent on SMIC

Through the prospectus, the author found that although the revenue scale of Dongxin Co., Ltd. has been expanding in the past three years, it has been in a loss-making state. The sales of DRAM, one of its core businesses, have been declining year after year, which is contrary to the market development trend. In addition, the wafer foundry business of its products is increasingly dependent on SMIC. Under the current situation, Dongxin Co., Ltd. is facing increasing uncertainty in the inability to mass-produce advanced process technology memory chips and problems in upstream wafer foundry capacity.

Jiwei Comment: The profit requirement for listing is no longer a must, but the CSRC will certainly require an explanation.

Nikkei: Japanese electronics giant TDK has applied for Huawei supply license

Nikkei reported that Japanese electronics giant TDK has submitted an application for an export license in response to the U.S. Department of Commerce's semiconductor export restrictions on Huawei. The report said that the products TDK applied to export were some electronic components used in 5G, but as of the 12th, TDK had not yet obtained a license.

Jiwei Comment: Many companies have obtained permission to supply Huawei, but many have not announced it.

BOE shareholders' meeting approved the proposed acquisition of shares of CEC Panda Nanjing and Chengdu production lines

On October 13, BOE announced that the first extraordinary shareholders' meeting in 2020 voted to approve the proposal to acquire part of the equity of the Nanjing G8.5 and Chengdu G8.6 TFT-LCD production line project companies. The announcement showed that 11,744,913,802 shares voted in favor, accounting for 99.9976%.

Jiwei comment: Compared with the integrated circuit field, the integration of the panel industry is moving faster.

Gree sues the State Intellectual Property Office to regain the Gree Sejie trademark

On October 13, the Qichacha App showed that Zhuhai Gree Electric Appliances Co., Ltd. added a new judgment document on October 12, and the defendant was the National Intellectual Property Administration. It is reported that Gree Electric applied for the Gree Color World trademark on June 16, 2017, and the international classification was Class 9 scientific instruments, and the trademark was subsequently declared invalid; the judgment result of this case was to revoke the ruling on the invalidation request for the "Gree Color World" trademark; the defendant National Intellectual Property Administration re-ruled on the invalidation request filed by the third party Xu Changmin against the "Gree Color World" trademark.

Jiwei Comment: It is a normal process for enterprises to sue the Intellectual Property Office for trademarks, not a confrontation.