海外科技板塊觀點分享
行業方面，一月份手機銷量同比轉正，同時面板、MLCC同樣存在景氣度上行信號，可持續追蹤終端需求復甦節奏。電動車方面，受國補取消以及春節假期等影響需求受挫，1月新能源乘用車批發量環比跌45%，但投資者廣泛關注零部件公司業績兌現節奏。
業績方面，Apple4Q22收入/淨利潤同比跌5.5/13.4%，均低於彭博預期3%。META、亞馬遜、谷歌淨利潤大幅低於彭博一致預期，但MetaRealityLab收入超預期11.4%。業績會上，巨頭們表示將繼續加大成本控制，據DIGITIMES，META、微軟、亞馬遜、谷歌或下修2023年服務器採購量。
半導體由於存儲芯片價格持續下跌及供給過剩，三星電子4Q22存儲業務收入環比/同比降20.3/37.6%，公司預計1Q23需求依舊疲軟，2H23逐漸恢復。23年資本開支中SK海力士指引同比降50%，西部數據下修指引至23億美元，但三星仍指引同比持平。中芯國際：22Q4營收爲16.21億美元（YoY+2.6%）;淨利潤爲4.255億美元（YoY-26.4%）。臺積電：2023年1月營收2000.5億新臺幣，同比增長16.2%，環比增長3.9%，爲歷年同期新高。
投資建議：TV面板價格終止連續5季價格下跌趨勢，行情庫存逐步恢復至健康水平，TV面板價格有望在今年繼續反彈，關注京東方等標的；隨着新能源行業持續擴容，IGBT是新能源核心上遊，將有望持續受益於海內外新能源的快速發展，關注時代電氣等標的。
本文件所載之內容僅作爲一般參考。本文件並非及不應被視作爲投資或買賣證券或任何金融產品的要約或邀請。投資涉及風險。投資產品價格可上升或下跌，投資涉及盈利或極大虧損的風險。過去業績並不保證將來表現。閣下應仔細考慮本身的經濟狀況、投資經驗及目標，以及承擔虧損的能力或諮詢閣下專業的理財顧問再進行有關投資交易。在編制本文件時使用了一些相信其來源可靠的數據，但盈立證券有限公司(“盈立”)並不擔保此等數據之準確性、完整性或正確性。盈立亦有權更新或更改任何數據而不另行通知。本文件無意向派發本文件即觸犯法例或規例的司法權區或國家的任何人士或實體派發，亦無意供該等人士或實體使用。盈立以及與盈立關聯的任何公司("本集團")或個人均不會承擔因使用本文件或因依賴其內容而產生的任何法律責任。本文件的版權屬盈立所有，未經盈立同意，任何人不得因任何用途擅自複印或發佈全部或部份內容。盈立、本集團及其關連人士可能就本報告所涉及的任何證券持倉及進行交易，亦可能與客戶持相反的位置，惟盈立必會將客戶利益置於本集團及盈立之上。 本文件並未經香港證券及期貨事務監察委員會審覈。
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