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研報掘金丨國元證券:韋爾股份手機CIS業務驅動Q3營收新高,維持“買入”評級
國元證券研報指出,韋爾股份(603501.SH)手機CIS業務驅動Q3營收新高,產品矩陣不斷完善,維持“買入”評級。公司推出OV50H 切入高端手機CIS領域,隨後推出全球首款搭載LOFIC技術的OV50K40,目前50MP 產品已切入小米、華為等部分高端旗艦機型,並不斷在其他品牌和機型持續突破和導入。預計公司明年將推出小像素產品OV50M40,將佈局長焦鏡頭領域,並通過調整主攝和長焦CIS的參數使其應用於超廣角和前攝,實現手機攝像頭的全方位覆蓋,技術優勢將有望助力公司獲得較大市場份額。預計公司明年將推出200MP、50MP的一系列高端產品,產品矩陣不斷完善,給公司業績帶來較大業績彈性。此外,公司在車載CIS 行業深耕十餘年,具備深厚的技術積累,在24年8月推出的OX02D10 為2MP產品,具備低功耗、高性能的特點,適用於ADAS、DVR 以及艙內等多個應用領域。
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