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高盛:內地3月5G手機付運按月增1.6倍 產業鏈看好中芯(0981.HK)等
格隆匯 04-15 12:17

高盛發佈報告稱,據中國工信部資料,內地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%,內地首季5G智能手機付運量為1,400萬部(環比升8%),滲透率29%。受公共衞生事件的影響,3月內地智能手機付運量同比跌22%至2100萬部,3月內地4G智能手機付運量同比跌45%至1500萬部。

該行估計全球5G智能手機於2020年付運量共1.7億部、預計2021年付運量共4.5億部,也預計今年首季付運下滑,主要是受公共衞生事件的影響。該行稱,在大中華智能手機產鏈中予“買入”評級的包括卓勝微、中芯國際(0981.HK)、聖邦股份、韋爾股份、穩懋半導體、立訊精密、及台積電。

該行表示,在大中華智能手機產鏈中建議“沽售”的包括ASM太平洋(0522.HK)、大立光、長電科技、及歐菲光。

此外,該行審視了內地智能手機首季鏡頭像素情況,評測包括華為、小米(1810.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。

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