Lates News

According to the report from Citic Securities, we expect the overall performance of the electronics industry in the third quarter of 2025 to continue the growth trend under normal demand. Overall, we expect the performance in the third quarter to be relatively outstanding in specific sub-sectors such as leading companies in computing power-related PCBs, storage, analog, equipment, optics, CIS (Complementary Metal-Oxide-Semiconductor Image Sensor), and some power companies. Looking ahead to the fourth quarter of 2025, we see good opportunities for excess returns in sectors such as computing power, storage, semiconductor equipment, and consumer electronics. We expect the electronics sector to enter a peak season for stocking up in September and October, driving up utilization rates. From a fundamental perspective, there are three directions for continued prosperity: self-controllability (domestic computing power breakthrough, storage factory expansion orders, logic factory orders confirmed), AI innovation (overseas computing power increase orders and expansion, continuous release of new products on the edge), and cyclical prosperity (storage price increase). Capital market catalysts (IPO financing and other events boosting) are expected to accelerate. We remain confident in the sector's performance in the next quarter.