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《大行報告》高盛:內地3月5G手機付運按月增1.6倍至620萬部 產業鏈看好中芯(00981.HK)
阿思達克 04-15 11:28
高盛發表報告表示,據中國工信部資料,中國3月份5G智能手機付運量為620萬部(按月升1.61倍),對比2月份240萬部,滲透率29%,中國首季5G智能手機付運量為1,400萬部(按季升8%),滲透率29%。受到新冠疫情影響,3月中國智能手機付運量按年跌22%至2,100萬部,錄自2014年以來付運量最低的3月份,而3月中國4G智能手機付運量按年跌45%至1,500萬部。

該行估計全球5G智能手機於2020年付運量共1.7億部、料2021年付運量共4.5億部,料今年首季付運下滑,主要受到新冠疫情影響。該行稱在大中華智能手機產鏈中予「買入」評級包括卓勝微(300782.SZ)、中芯國際(00981.HK)、聖邦股份(300661.SZ)、韋爾股份(603501.SH)、穩懋半導體(3105.TW)、立訊精密(002475.SZ)、及台積電(02330.TW)。

高盛表示,在大中華智能手機產鏈中建議「沽售」包括ASM太平洋(00522.HK)、瑞聲(02018.HK)、大立光(03008.TW)、長電科技(600584.SH)、京東方(000725.SZ)及歐菲光(002456.SZ)。

此外,該行指審視了中國智能手機首季鏡頭像素情況,評測了包括華為、小米(01810.HK)、OPPO及Vivo首季推出的36款型號(共163個鏡頭),今年首季每個手機鏡頭平均配置了4.5個鏡頭(2019年為4個),華為今年首季推10款手機(每部機配置4個鏡頭)、對比小米每部機配置約4.8個鏡頭、OPPO及Vivo首季每部機均配置約4.7個鏡頭。(wl/k)

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