Hong Kong Stock Concept Tracking | Huawei Pura70 series is expected to be released by the end of this month. Companies in the mobile phone industry chain may benefit (with concept stocks attached)
Huawei's Pura70 series is expected to be released at the end of this month, officially renamed as "Huawei Pura". The launch of the new smartphone is expected to have a positive impact on related companies such as Sunny Optical Technology and AAC Technologies. The shipment volume of Huawei's P70 series is expected to see a significant increase, possibly reaching 13-15 million units. In addition, Huawei's new flagship models are expected to drive growth in China's smartphone shipment volume, leading to capital inflow into the smartphone supply chain. Sunny Optical Technology and AAC Technologies are among the beneficiaries of the trend towards specification upgrades, helping to drive growth in average selling prices and profits of their products
On April 15th, Huawei's official Weibo account released multiple videos about the Huawei P series, announcing the official upgrade of the Huawei P series to "Huawei Pura".
On the morning of the 16th, Huawei's Executive Director and CEO of the Consumer Business Group, Richard Yu, told reporters, "Pura70 can be seen as P70, and there will be good news in a couple of days."
Huawei's official terminal Weibo account released three consecutive videos to build anticipation for the upcoming new phone. It is worth noting that the Huawei P series will officially be renamed "Huawei Pura", and the new phone will be named "Huawei Pura70".
According to reporters, the all-new Huawei Pura70 series is expected to be launched by the end of this month.
An employee at a Huawei flagship store told the media that the phone is expected to be launched before the end of the month, could be available for purchase at any time, currently accepting pre-orders, and the price is expected to be similar to the Mate60. Third-party agencies are optimistic about the sales of the Huawei Pura70 series.
Analyst Ming-Chi Kuo from TF International Securities previously predicted that compared to the P60 series released in 2023, the shipment volume of the P70 series is expected to have a significant increase in 2024.
If there is strong demand for replenishing phone inventory, the shipment volume of P70 is expected to increase by 230% to 13-15 million units; if demand slows down, it is also expected to grow by 150% to 10-12 million units.
Related companies to Huawei phones:
Sunny Optical Technology (02382): Citigroup released a research report, initiating an upward catalyst observation on Sunny Optical, pointing out that the HUAWEI Pura 70 series will debut this month, with new products coming soon, which may have a positive impact on Sunny Optical's stock price. They gave a "buy" rating with a target price of HKD 63.5. The bank believes that Huawei's release of new flagship models may drive growth in China's smartphone shipments, leading to funds shifting to the smartphone supply chain. Sunny Optical is considered one of the beneficiaries of the trend towards specification upgrades. In addition to having a leading position in the phone lens of this model, it may also supply periscope lens modules, helping to drive up average selling prices and profits.
AAC Technologies (02018): Market news indicates that the key selling point of the P70 series is a significant upgrade in optical zoom functionality. The latest technology uses a driver motor module to achieve continuous optical zoom on the phone. The value of this module is about RMB 300.00, with the core of the lightweight and compact design being the latest MIM structural components, accounting for 25-30% of the value, and both suppliers are unique. The module supplier is AAC Technologies, but it is not the camera module department of AAC Technologies, it is the acoustic department that made it, only using the workshop of the camera department
