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研報掘金丨中郵證券:首予國光電器“買入”評級,受益消費電子新一輪產品創新
格隆匯 07-15 14:47
中郵證券研報指出,音響電聲產品快速迭代,使用場景進一步延伸。國光電器積累了70餘年揚聲器設計及製造經驗,能在多個方面、用多個舉措為客户供應高音質、高可靠性的各種揚聲器及音響系統產品,目前傳統音響板塊包括:揚聲器、藍牙音箱、傳統耳機、電腦周邊音響、Wi-Fi音箱、soundbar等產品。公司突破了多個大客户的FATP項目,其中包括AI眼鏡等項目,取得了更多JDM、ODM訂單。未來公司將重點發展智能音箱、AI眼鏡、AI耳機、VR/AR等智能硬件產品,密切關注行業技術的發展方向,緊跟市場需求。車載音響系統升級,揚聲器單車搭載數量翻倍增長。另外,受益消費電子新一輪產品創新,小軟包電池出貨量重回上升趨勢。首次覆蓋給予“買入”評級。
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