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LED light source replacement tide is coming

The price of LED lighting products has dropped rapidly, driving the growth of lighting demand. The replacement tide of LED light sources has officially started. Commenting on the low season of LED in the first quarter, the visibility of orders has increased: Recently, some LED manufacturers have operated better than expected, mainly because the demand for small and medium-sized backlights such as notebooks and mobile phones continues to warm up. and some end customers face the lunar new year in advance to pull goods. Overall, the visibility of LED orders increased in the first quarter, and the demand for TV panels began to increase in the second quarter. According to lighting demand, Cree released the second generation of bulb lamps in last October, and the quotation was once again below US $10 (The terminal price has dropped by 40 in one year) The ceiling price of indoor lighting continues to ferment, and the market penetration rate is accelerating. Quarter Apple products of kinetic energy may be lower than that in the domestic smartphone: we judgment Apple 2013 year sales 0. 1 billion 55 million iPhone is expected to 2014 year 0. 1 billion 90 million units (23 year-on-year growth); 1Q14 terminal shipments about 46 million units (20 year-on-year growth) In the first quarter, MediaTek expects shipments to increase by about 90 year-on-year. Apple's product innovation in the second half of this year will increase, and the iPhone is also a high-end mobile phone that can be sold this year. However, if the stock price starts to react in the first quarter of this year, it is not conducive to the apple industry chain market in the second half of the year. CES and MWC are the two major exhibitions for this year's Consumer Electronics: CES in early January focused on wearable devices, automotive electronics, 3D printing, smart home, 4K and curved screen, dual system tablet/PC. MWC at the end of February focused on metal chassis, 4G, identification/secure payment, 64-bit processor. Valuation and recommendations, this week experienced a total of 4 trading days across the year, the Shanghai Composite Index fell 0. 9, but the electronic sector has risen sharply in the past two days, with LED showing a bright rise of 8. 7, touch screen and security rose by 3. 4 and 2. 0. Investment opportunities in the first quarter, it is recommended to pay attention to domestic smart machines and LED related stocks. The recent rise of LED industry chain is supported by performance and thematic opportunities. Investors are advised to give priority to the representative manufacturers of upstream chips and downstream channels in LED industry. Domestic smart machines with CES concepts such as wearable devices are also worthy of attention.

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