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ZTE or Incoming Turnaround Electronics Consumption and 5G Sector General

  • Author:chipstores
  • Source:chipstores.com
  • Release on :2018-05-15
Integrated Circuits wholesales USA

Affected by the news that ZTE is expected to usher in the opportunity to recover related businesses, yesterday's mobile phone industry chain, 5G, electronic components and other sectors of the A-share market surged. Some industry insiders believe that ZTE is a good news for the mobile phone industry chain and the 5G industry.

As of the close on the 14th, the A-share mobile phone industry chain and the electronic components sector as a whole showed significant gains. Fenghua Hi-Tech and Zhiyin Zhizou rose more than 7%. Xinwei Communications, O-Fitech, and Lixun Precision also gained more than 4%. %.

“If ZTE resumes its purchases in the United States (chips), it means that the potential risks in the mobile phone industry chain are eliminated. The rebound in the stock price of related listed companies is also based on this logic.” An electronic industry official said in an interview that in the future, terminal equipment manufacturing The chamber of commerce made more thorough considerations and may retain a certain share of domestic chips and components on the procurement list.

ZTE is also the 5G leader of A shares. On the 14th, the 5G concept stocks such as China Fortune and Shenyu have reached daily limit. In this regard, China Merchants Securities said it has long been firmly optimistic about the prospects for 5G development. It is reported that the three major operators are still advancing 5G deployments as scheduled.

According to the 2017 annual report of ZTE Corporation, the company is a major participant and contributor to the 5G technology and standards research activities. As the core member of IMT-2020, the company is responsible for more than 30% of research projects. The company maintains its leading position in core technology fields such as 5G wireless, core network, bearer, access, and chips. It has completed testing all items in the second phase of China's 5G technology R&D pilot and debuted Massive MIMO commercial products.

On May 10, ZTE announced that the company and related parties actively communicated with the relevant US government departments to promote the US government to adjust or cancel the refusal order and promote the development of things in a good direction.