1. The new iPhone will be available next month, and may be launched in advance to July or August. South Korea’s Samsung Display, Apple’s main iPhone panel supplier, has announced plans to double its OLED production capacity. According to market analysis, this move should be a pre

1. The new iPhone will be available next month, and may be launched in July-August

South Korea, Apple’s main iPhone panel supplier Samsung Display, has reportedly started a plan to double OLED production capacity. According to market analysis, this move should be to supply new iPhones. Preparations are being made for new iPhone models, which means the countdown to the launch of new iPhone models has begun.

supply chain revealed that due to the sluggish sales of iPhone and plans to double production capacity in June.

Since OLED is one of the most difficult representative components for the iPhone, Samsung has actively restored OLED production scale and rapidly increased production capacity, revealing that there are signs of early shipments of components for this year’s new iPhone.

It is reported that Samsung’s OLED production capacity in May is about 2 million to 3 million pieces, and it plans to double its monthly production to 4 million to 6 million pieces after June. The situation of mass production in advance is quite unusual. According to industry analysts, it is likely that Apple asked Samsung to stock up in advance in order to avoid the recurrence of last year's OLED supply problems.

Apple supply chain analysis shows that OLED is difficult to mass produce, and it is used in mobile phone display functions, so it plays the most critical role in the entire iPhone component. Once mobile phone panels start to be shipped, the rest of the chassis, batteries, processor chips, lenses, etc. must be shipped immediately and delivered to downstream OEMs such as Hon Hai, Wistron, and Pegatron for assembly, which means that the entire The Apple chain will "move" again.

It is rumored that Apple will launch three new iPhones this year. The demand for components is greater than the same period last year. Therefore, the supply chain may indeed ship goods in advance to meet Apple’s production capacity needs. Downstream foundries will also have to recruit workers in advance this year. , to avoid the recurrence of the problem of labor shortage.

It is reported that the main suppliers of this year’s new iPhone casings are Catcher and Hongzhun, the lenses are mainly Largan, the touch bonding companies are GIS and TPK, and the most critical downstream assembly plants are Hon Hai, and Shuo, Wistron.

In view of the current sluggish iPhone sales, this year’s new iPhone will be launched earlier than the September launch in previous years. It is expected to be launched in July-August. The specific launch time depends on Apple’s engineering process of the new iPhone.

South Korea’s Samsung Display, Apple’s main iPhone panel supplier, has announced plans to double its OLED production capacity. Market analysis suggests that this move should be preparations for the supply of new iPhone models, which means that the iPhone The countdown to the purchase of new mobile phones has begun. Apple stocks such as Largan Lighting, Catcher, Honzhun, and Hon Hai are about to bid farewell to the low ebb, and begin shipments one after another before the end of May at the earliest.

Taiwan Apple Supply Chain does not comment on related rumors. Legal experts believe that Apple’s recent performance in the U.S. stock market has been relatively strong. Although stock king Largan has released a relatively conservative outlook for the current quarter in its recent press conference, foreign investors have been overbuyers for four consecutive trading days, and local investment trusts and proprietary traders have also joined the buying ranks. , maybe because he received the news that the new iPhone will start to be sold, and entered the venue in advance to get a slot.

supply chain revealed that due to the sluggish sales of iPhone and plans to double production capacity in June.

Since OLED is one of the most difficult representative components for the iPhone, Samsung has actively restored OLED production scale and rapidly increased production capacity, revealing that there are signs of early shipments of components for this year’s new iPhone.

It is reported that Samsung’s OLED production capacity in May is about 2 million to 3 million pieces, and it plans to double its monthly production to 4 million to 6 million pieces after June. The situation of mass production in advance is quite unusual. According to legal analysis, it is likely that Apple asked Samsung to stock up in advance in order to avoid the recurrence of last year's OLED supply problems.

Apple supply chain analysis shows that OLED is difficult to mass produce, and it is used in mobile phone display functions, so it plays the most critical role in the entire iPhone component. Once mobile phone panels start to be shipped, the rest of the cases, batteries, processor chips, lenses, etc. must be shipped immediately and delivered to downstream OEMs such as Hon Hai, Wistron, and Pegatron for assembly, which means that the entire Apple chain Will "move" again.

legal person believes that Apple is rumored to launch three new iPhones this year, and the demand for components is greater than the same period last year. Therefore, the supply chain may indeed ship goods in advance to meet Apple’s production capacity needs, and downstream foundries are bound to recruit workers this year. Work must be done in advance to avoid missing work from happening again.

It is reported that the main suppliers of this year’s new iPhone casings are Catcher and Hongzhun, the lenses are mainly Largan, the touch bonding companies are GIS and TPK, and the most critical downstream assembly plants are Hon Hai, and Shuo, Wistron.

3. The Apple cycle is ahead of schedule, and the Apple industry chain will start ahead of schedule. Analyze the benefits from two aspects.

1). This year, Apple’s iPhone schedule is ahead of schedule, supplemented by machine-sea tactics. Investors can prepare to feast on Apple.

We have always said that this year will not be It’s the Year of Electronics; but Apple’s iPhone strategy adjustment will make 2018 even better than last year’s so-called 10th anniversary of the iPhone in 2017.

posted a recent Taiwanese media report: "New iPhone series products will be launched in the second and third quarters of 2018, and price reductions and an increase in product categories will likely trigger consumer demand for and replacement of iPhones. The industry estimates that, Apple will purchase approximately 250 million to 270 million iPhone panels in 2018. "

"The iPhone stocking volume from 1Q18 to 3Q18 is supported by the basic market."

"The iPhone sales time will be advanced this year."

"The price will be improved. "A bigger compromise",

"The tactics of launching new and old models simultaneously",

"Easily more than 240 to 250 million units in the whole year",

"Better than the so-called tenth anniversary of the iPhone in 2017"...

A-share companies that benefited from the iPhone mainly include: Ultrasonic Electronics with HDI mobile phone board concept, Dongshan Precision with FPC soft board concept, OFILM Technology with camera and Force Touch and other issues, Changdian Technology with SiP packaging, and SiP with ASE Module USI, Lightning, antenna, acoustics, AirPods headset and wireless charging multiple concept Luxshare Precision , antenna and wireless charging Xinwei Communication , battery Desai Battery and Sunwanda, 2.5D glass Lens Technology, as well as stainless steel metal middle frame Corson Technology, functional devices and photoelectric adhesives Lingyi Intelligent Manufacturing (Jiangfen Magnetic Materials renamed), Anjie Technology, electroacoustic device-related Acoustic Technology (Hong Kong stocks) and Goertek.

Recently, Xinwei Communications, Luxshare Precision, and OFILM Technology are the three companies. Simply put, Xinwei Communications has fallen a lot before, and the stock price is expected to have good flexibility, but it also comes with a lot of risks; Luxshare Precision is very stable, and is developing step by step and steadily. If you buy it, you can sleep at night, but it is relatively The local Beta is also relatively small, but the recent listing of FII may also lead to an increase in valuation; OFILM Technology has issues and stories that all three iPhones this year will use out-cell plug-in touch screens, and the fundamental performance is the most elastic in the "future", but The waiting time is also longer. Each of these three companies has different styles, depending on your investment preferences.

2). The 8-inch wafer production capacity is fully loaded, which indicates that packaging and testing and components will be in market. Tongfu Microelectronics is the first choice for packaging and testing, and components are optional

Let me start by saying that 8-inch wafers are mainly used for production Some IC chips that appear to be relatively mature, have standardized specifications, are not too difficult to calculate, and are not too expensive, have downstream applications such as: fingerprint recognition, MOSFET, power management IC, wireless charging, Type-C, wireless charging, Type-C -C, Lightning, NFC, MCU, Driver IC…. Among them, fingerprint recognition and MOSFET consume the most 8-inch wafer production capacity. If the 8-inch wafer is fully loaded, it also shows that these downstream application fields including mobile phones, automotive electronics, and the Internet of Things are good.

If you don’t want to touch these corresponding downstream electronic components, then just wait for the closed beta test! Anyway, the 8-inch wafer production capacity is fully loaded, and the packaging and testing market will definitely not be bad in the future!

In previous years, 2Q would enter the semiconductor peak season, but this year it is earlier. Starting from mid-1Q18 and mid-to-late February, 8-inch wafers are as advanced as those of Taiwanese companies in the world, and SMIC (Hong Kong stock market) has 8-inch production capacity in mainland China. ), Hua Hong Semiconductor (Hong Kong Stocks)...the 8-inch production capacity has been fully occupied. In late February, orders were already scheduled for May to June. This also caused many IC design companies to increase prices to obtain production capacity.

This is a bit like the end of June and early July last year. At that time, we said that the 8-inch wafers were fully loaded, implying that starting from the end of August and early September, there would be a wave of market demand for packaging and testing, and the 3Q17 component peak season would become even more prosperous; later in September , the right time, the right location, the right people, and other factors are also present, and the entire electronic components and semiconductors have skyrocketed, far beyond our imagination at the end of June. This time, there is a high probability that it will not be as crazy as last September (at that time, Liang Mengsong joined SMIC and Apple’s new iPhone was released, but this year there is no excitement about this topic, but this year there is an event that FII will be listed on the A-share market) , but it probably won’t be too bad.

In previous years, during the peak season of wafer fabs, the delivery schedule would be raised from the normal 6 to 8 weeks to 10 to 12 weeks. But now in mid-April, it has been scheduled to 18 to 20 weeks later. The situation can be said to be It is stronger than before (although it does not rule out that there is some false demand for over booking orders), and according to past experience, after the wafer factory runs for about 8 to 10 weeks, the production capacity will be transferred to the packaging and testing factory, and this The first full load started in mid-to-late February. In other words, packaging and testing factories such as Changdian Technology, Tongfu Microelectronics, Huatian Technology ... etc. It is expected that there will be a wave of market conditions in April and May, and there will also be opportunities. It will drive the performance of packaging and testing companies to increase from 2Q18 to 3Q18. The production capacity of 8-inch wafer fabs is overflowing, which to some extent indicates that the downstream components in 2Q18 will not be weak in the off-season.

The timing of Apple’s new iPhone this year has obviously been advanced. It is expected that Apple-related components will enter the stocking cycle in 2Q18, while non-Apple, including domestic mobile phones, will also start to launch new models in April (regardless of whether the Android phones are selling well or not) , anyway, we are launching new phones). The entire mobile phone supply chain has begun to prepare for new phones in 2Q18, and it is very likely that the off-season will not be slow!

Changdian Technology has just entered Apple's top 200 suppliers this time. It is the leader in packaging and testing in mainland China. It cooperates closely with SMIC (Hong Kong stock) and has an upward trend in the future. In theory, with the arrival of the 2Q18 semiconductor peak season, it should be It is the first choice, but in addition to the uncertainty of personnel changes, everyone is still confused and full of doubts about its actual profit situation. But what we want to say is that if SMIC (Hong Kong stocks) becomes very good in the future, then Changdian Technology will not be very bad either; so let’s first see if everyone has confidence in SMIC (Hong Kong stocks).

Then, we mentioned Tongfu Microelectronics before, saying that its market value will at least be closer to its big brother Changdian Technology. However, the Japanese equity of Tongfu Microelectronics has not been transferred yet, and the successor will definitely not I hope that the stock price will rise, but it will increase the acquisition cost in vain; now, these problems have basically been solved. All shareholders of Tongfu Microelectronics will soon be Chinese. By then, the interests will be consistent. Everything is ready. All we need is Dongfeng. Everything will wait for the fundamentals. Up!

For other electronic parts other than semiconductor packaging and testing, following the previous "Lidong Super Anxin" Luxshare Precision, Dongshan Precision, Ultrasonic Electronics, Anjie Technology, and Xinwei Communications, we recently have a new Slogan for everyone to refer to. , "Eastern Europe, Sharp, Big Communications": Dongshan Precision, OFILM Technology, AAC Technology (Hong Kong Stocks), Luxshare Precision, Han's Laser, Tongfu Microelectronics, and Xinwei Communications.