In 2014,consumer Electronics ( Intelligent Terminal ) growth is still the most determined , more opportunities come from local innovation technology and processes and subsequent wearable devices , automotive electronics and other fields. In addition, the IC industry is facing new opportunities , although the short-term investment policy is the subject of more stimulation , but the long-term strategic opportunity to reshape the industry .Industry fundamentals : supply and demand again after adjusting the balance of long-term , the global semiconductor industry to return to modest growth. 1-10 months of this year, global semiconductor sales revenue $ 249.5 billion , an increase of 3.6% from the monthly year on year and showed moderate growth trend than the data read ; same period in North America and Japan semiconductor equipment orders continued to exceed the volume, the cumulative book to bill ratio ( BB value ) were 1.06 and 1.23 , ending two consecutive years of negative growth in the state since .Industry Outlook and Strategy : Upstream promising integrated downstream promising intelligent terminal . 14 years of the global semiconductor industry growth rate is expected to remain at 4-5% ; short-term driving force of the industry is still concentrated in the consumer electronics field smartphones, tablets , and smart TVs Ultrabook , worn equipment, etc. ; addition, another focus of our attention is China's IC industry . IC : government support, under the import substitution strategy and innovation , the industry will enter a new stage of development. A short-term investment opportunities is the subject of more policy stimulation , but in the long term is a strategic opportunity for the industry remodeling ; 2, A shares in the relevant company focused on the design and IC packaging and testing sectors , as well as portions of the material and equipment companies , focusing on Recommended : IC design - Tongfang Guoxin , Beijing Jun ; IC packaging and testing - long power technology , Huatian Technology , and the upcoming IPO of Suzhou Jing Fang semiconductors ; materials and equipment - Grinm , Shanghai Xinyang , South optoelectronics, Seven electronics, crystal Sheng Electrical .
