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中芯國際(688981.SH):工業現在沒有什麼庫存,汽車業尤其是新能源汽車供不應求

格隆匯2月14日丨中芯國際(688981.SH)於2023年2月10日發佈業績説明會時就“目前行業的存貨水平到什麼樣的位置?”表示,我們把行業區分成手機類、消費電子類、工業、汽車和其他。手機行業現在庫存相對很高,消費行業的庫存可能在半年內會消化完畢。工業現在沒有什麼庫存,汽車業尤其是新能源汽車供不應求。上市的設計公司在去年全年和四季度報吿裏也披露了他們現在的庫存情況。手機和消費類裏面,庫存最高的是跟顯示驅動電路相關的,大屏的電視、中屏的監視器、小屏的手機,面板類驅動芯片的庫存非常高,估計庫存超過3個季度,個別可能是整年的庫存。接下來庫存偏高的是大宗的產品,像CIS和ISP這類的芯片。再往下是通用的產品,比方説存儲器、專用存儲器,存量超過半年。MCU類的芯片,因為少量多樣,現在開始有一些存量,但沒有形成整體衝擊。整體看來,會有逐步恢復的過程。手機消費、整車消費、消費電子終端的消費,要靠整個經濟帶動。

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