Touch screen LED and other new components market space surge

Benefited from the boom period of rise trend opportunities, semiconductor, magnetic fields, PCB prospects; new components, touch screen, led, new energy devices and other areas of the market space, in addition, the field of security video surveillance deserves special attention.

In the second half of this year, the electronic components industry in the business cycle period

Growth in demand brought about by product prices, product line operating rate will become the main catalyst for the industry this year. 2010 is the electronics industry boom year, from the semiconductor business cycle, the current round of traditional electronic industry boom will continue until the middle of 2012. A large cycle and roughly divided into two long cycles. Judging from the experience of the industry, in mid 2010 to face certain industry adjustment pressures, but the magnitude is not too large, the time will not be too long, do not change the trend of steady rise. Taking into account the current market consensus is expected, and in 2010 the global macroeconomic recovery this premise, the adjustment of the industry may have a small cycle of further weakening.

As of June 18th, in 2010 the electronic components sector rose 0.9%, ranking in the top second. From the valuation of the market situation, the electronic component price earnings ratio of 58.1, ranking A shares of each sub plate of the city; the net rate of 4.5 times, ranking A shares of the sub sector of the fourth place in the world of. Judging from the history of the past 5 years, only lower than in 2009 and in 2007, at a higher historical position. But at the same time, from the history of the last 5 years, several indicators of the electronic components sector gross margin, net profit margin, net assets income rate were at a historic high position, also shows that the entire plate in the boom period.

Based on the above analysis, we can see that the overall valuation of the plate is reasonable. The second half is the traditional peak season in the electronics industry, third, fourth quarter performance is still worth looking forward to. But by the European sovereign debt crisis and exchange rate fluctuations, as well as inflation and other uncertainties, the uncertainty of the development of the industry increased, the whole plate valuation center of gravity downward risk.

There are more uncertainties in the second half of the economic situation, which makes the industry uncertain

At the same time, the pace of the second half of the transfer of production components industry will further accelerate, we should pay special attention to the core areas, such as: the transfer of domestic cost advantage competitive advantage (the low-end production) - semiconductor manufacturing, packaging material, LED; overseas enterprise strategic transfer (high-end production transfer) - polysilicon, the liquid crystal panel, PCB, acoustic optical devices. Transfer of production capacity led to the global market share of domestic products to enhance export products more abundant, higher value-added, and the domestic market, many products import substitution rate to further improve.

Touch screen, LED, photovoltaic components and other components of the new market space surge

According to the analysis, the main investment opportunities in the second half of the growth in sub sectors and good company, should focus on the new application area of rapid market growth, and policy oriented areas, such as triple play, wireless Internet, networking, new energy, and consider the consumer upgrade opportunities, resulting in these new areas touch screen, LED, photovoltaic devices and other new market space in assembly.

With touch phones, games and other products selling, touch panel Market expansion. DisplaySearch report noted that in 2009 the market size of the touch panel is about $4 billion 300 million, in 2014 the market size will exceed $11 billion in 2016 will reach $13 billion. Currently, iPhone in the global market selling, leading to the expansion of mobile phones has become a representative of the panel applications. According to the data provided by DisplaySearch, mobile phone touch panel with a ratio of 15.8% in 2008, the rapid expansion in 2009 to 25.7%, is expected in 2016 will reach 57%. in addition, more and more devices come equipped with a touch screen panel, DisplaySearch analysis, from the future market prospects to see, touch screen panel in the tablet computer, integrated host, Internet application the portable internet devices will accelerate.