In the second quarter, Huawei ranked first in global wrist-wearing market shipments, and smart wearable devices may become a new frontier for AI implementation.
① According to data released by IDC, in the second quarter of 2024, Huawei shipped 8.883 million units in the global wrist device market and 5.965 million units in the Chinese market, making it number one in the global and Chinese wristband markets. ② Shanxi Securities believes that leading domestic consumer electronics manufacturers are optimistic about the future of wearable devices. As end-side AI technology continues to mature, wearable devices will become a new frontier for AI implementation.
In August, 17 listed companies bid farewell to A shares! ST Xudian and other stocks received a pre-notice of termination of listing, * ST Yaxing will become the first voluntarily delisted company this year.
①*ST Weichuang, *ST Xudian, Guangdong Highsun Group have received notices of delisting this month; ②*ST Yazhou will become the first actively delisted listed company this year; ③In August, a total of 17 listed companies, including Pengdu Agriculture & Animal Husbandry and China Grand AutomotiveServices Group, have been delisted. Please refer to the list of A-share listed companies delisted in August (attached table).
Industry giants continuously catalyze new products, and the sentiment of the consumer electronics sector is expected to be further strengthened.
Apple will hold its largest product launch event of the year on September 9th local time, where the company will unveil its latest iPhone, watch, and AirPods. Consumer electronics giants are expected to release new products in September, which will further catalyze sector sentiment. Huafu Securities stated that consumer electronics are currently experiencing a short-term stabilization and recovery, with the AI-driven industry innovation cycle approaching and the continuous catalyst of new products from industry leaders.
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