招銀國際:手機鏡頭行業現復甦跡象 看好丘鈦科技(1478.HK)
招銀國際發佈報告表示,手機鏡頭行業預計今年第三季度將逐步復甦。該行稱,丘鈦科技(1478.HK)估值較具吸引力,予“買入”評級,而予舜宇光學科技(2382.HK)“持有”評級。
據悉,舜宇光學科技及丘鈦科技均公佈了5月份出貨量。舜宇光學科技的手機攝像模組同比增長20%,但手機鏡頭同比下跌9%,反映於 Android 客户的市場份額增加。受公共衞生事件影響,丘鈦科技的攝像頭模組及指紋識別模組出貨量分別同比下降5%、上升12%,與4月份上升3%及17%相比,增長速度有所放緩。
該行表示,兩者的出貨量大致符合市場預期,顯示內地市場逐步復甦但海外市場(尤其印度)受公共衞生事件影響,而且同業大立光電早前預計4月及5月份銷售量將出現環比下跌。
展望未來,該行認為,手機鏡頭出貨量在6月份將維持疲弱,而受惠於海外市場逐漸恢復,下半年出貨量將逐漸好轉。此外,智能手機出貨量有望恢復同比增長,因為 iPhone、華為、小米集團-W(1810.HK)、Vivo、Oppo 的 5G 手機都將推出。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.