CITIC Securities: The consumer electronics materials sector is stabilizing and rebounding, with the release of new products by Huawei, Apple, and others in the third quarter expected to drive demand growth

Zhitong
2024.09.11 00:28

CITIC Securities stated that in the second quarter of 2024, the consumer electronics industry's business climate is stabilizing and rebounding. It is expected that in the third quarter, the peak season for consumer electronics, the release of new products by companies such as Huawei and Apple is expected to further drive demand growth. The demand for OLED upstream materials is improving, coupled with localization efforts driving the market. We are optimistic about the subsequent order growth and market share increase of leading companies in the segmented materials sector

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