The Internet of Things is coming! According to IDC, it is estimated that 30 billion devices will be connected to the Internet of Things by 2020, and the global IoT market will grow from $265.6 billion in 14 years to $3.04 trillion in 2020. We believe that the Internet of Things is still in its infancy, and on the one hand, there is a large demand for IoT public infrastructure: therefore, it is possible to focus on downstream application observations: The Internet of Things is coming! According to IDC, it is estimated that there will be 30 billion device access by 2020. With networking, the global IoT market will grow from $265.6 billion in 14 years to $3.04 trillion in 2020. We believe that the Internet of Things is still in its infancy, on the one hand, it requires a large amount of IoT public infrastructure: therefore, it can be focused on the perception layer and communication layer of the Internet of Things; on the other hand, the downstream demand is huge, so the focus is on and layout of existing objects. Networked heavyweight entry phone, potential new entry car electronics, VR/AR, etc. Industry chain observation: The localization of equipment materials, China's electronics industry to exert strength! China's electronics industry has begun a new round of industrial upgrading, step by step from the whole machine assembly to peripheral Spare Parts , from design and manufacture, to core equipment, materials made in China Turn. Taking China's semiconductor industry as an example, in order to achieve a completely independent and controllable road, the Chinese government and industrial forces are actively mobilizing resources, manpower, capital, market and other resources to promote the global semiconductor industry to the mainland, and Continental has welcomed the world's most Rapid regional growth, which brings strong demand for related equipment and materials. Pay attention to the PCB industry: Benefit from the improvement of supply and demand structure and enjoy the price increase cycle. In the past two years, the supply and demand relationship in the PCB industry has undergone profound changes, and the industry as a whole has warmed up and entered a new round of boom cycle. The upstream raw material copper foil enters the price increase cycle driven by the lithium battery market. CCL and PCB manufacturers gain new pricing opportunities. Leading enterprises with bargaining advantages will stretch profit margins and gain performance flexibility in the process of transferring the pressure of rising raw material costs. Upgrade. In the downstream PCB application field, the PCB demand market of multiple sub-sectors has achieved double-digit annual growth rate and become a new growth momentum of the PCB industry. From the LED industry cycle: LED from full competition into a stable growth era, Chinese brands to the world. After 15 years of deep reshuffle, the supply side reform has been relatively full, the LED industry has been in the S-type industry curve, the second wavelength of cattle is open: from the upstream supply of LED, the industry's capacity concentration has accelerated, forming a higher Industry barriers, restraining the disorderly capacity expansion; at the same time, downstream application innovation drives the industrial chain to flourish. From the current point of view, LED lighting will increase by more than 10% next year, LED lighting intelligent network will increase market space by 1.3 times, and the acceleration of small-pitch display will increase 24% annually, which is becoming a new round of leading The main driver of the boom in LED industry demand.
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