Telecoms, Mobile Phones, 5G, Satellite Communications etc.

Re: Telecoms, Mobile Phones, 5G etc.

Postby winston » Tue May 12, 2020 11:46 am

DC: 1Q EMEA Handset Shipment Slips 8%; XIAOMI-W (01810.HK) Shipment Leaps 76.5%

Smartphone shipments across EMEA slipped 8% year-over-year to 76.9 million units in the first quarter, according to IDC's report.

XIAOMI-W (01810.HK) posted a 76.5% shipment growth (to 7.3 million units) during the period, with market share rising to 9.5% from 5% a year ago, being in the fifth place in the global chart.

Source; AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118400
Joined: Wed May 07, 2008 9:28 am

Re: Telecoms, Mobile Phones, 5G etc.

Postby winston » Tue Jun 30, 2020 10:54 am

CHINA TELCO SECTOR – STAYING SELECTIVE

According to the Ministry of Industry and Information Technology (MIIT), China’s telecom industry service revenue grew 4.6% YoY in May, improving from the 3.3% YoY growth registered in Apr.

The reversal of the industry’s mobile revenue downward trend was noteworthy (+0.4% YoY in May), largely due to increasing economic normalisation in China, as well as a more benign and rational competitive environment.

On the 5G front, CM and CT appear to be on track in attaining their full-year 5G sub targets. We believe it is likely that 5G adoption will continue to gain pace in 2H20, as price plans and more affordable handsets targeting the mass market are introduced.

Separately, CM and China Broadcasting Network (CBN) have entered into an agreement on 5G network co-construction and sharing. Salient points of the agreement include
(a) the joint investment by both in the construction of the 700MHz 5G wireless network and
(b) CM opening up and sharing its 5G network in the 2.6GHz frequency band on a paid basis.

In our view, CM is likely to benefit from this arrangement, given the cost efficiency from the usage of 700 MHz to cover suburban and rural areas.

Still, risks to CT/CU can be mitigated should they share in the 700 MHz network with CM in rural areas in the future, while CBN would likely focus more in niche areas within the mobile market, given the high barriers to entry within the telco sector.

Recently, CM and CT have been included in a list unveiled by the Pentagon involving Chinese companies that are allegedly owned or controlled by China’s military. As we understand, while these designations do not trigger penalties, President Trump will have the prerogative to impose sanctions on these 20 companies.

The situation indeed remains fluid and extremely unclear, but based on various hypothetical scenarios, we believe the impact to both companies is unlikely to be negative from a fundamental point of view.

Still, within the broader China TMT space, we believe that investors should continue to remain positioned in Alibaba (9988 HK/BABA US) for its exposure to the structural growth in digitisation and e-commerce, as well as Xiaomi (1810 HK) for the potential recovery in smartphone shipments ex-China and share gain from Huawei.

Within the China telco space specifically, while we note the acceleration in industry revenue growth, we acknowledge the market’s general concerns over geopolitics as well as the lack of immediate catalysts for the telcos.

Thus, we prefer to remain selective, and maintain our relative preference for China Telecom (728 HK) over China Mobile (941 HK) for the value play that it offers, given that it is trading at a consensus forward P/B of 0.43x (>2 S.D. below the 5-year mean) with a forward yield of 5.7%.

Source: OCBC
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118400
Joined: Wed May 07, 2008 9:28 am

Re: Telecoms, Mobile Phones, 5G etc.

Postby winston » Tue Aug 04, 2020 8:48 am

not vested

Technology - Handsets
5G phones to lead recovery post lockdown


2Q20 global smartphone shipments fell 24% yoy; China declined by 17% yoy.

We like components suppliers for Huawei and Apple given the two makers’ resilient smartphone sales and bright shipments outlook.

Reiterate Add on the China smartphone sector as we see strong smartphone shipment recovery in 2H20F, driven by fast 5G penetration in many countries.

Source: CIMB

https://rfs.cgs-cimb.com/api/download?f ... C204548646
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118400
Joined: Wed May 07, 2008 9:28 am

Re: Telecoms, Mobile Phones, 5G etc.

Postby winston » Fri Sep 18, 2020 11:42 am

IDC: Low-to-mid Range Smartphones To Steer Mkt This Yr

73% of the 2020E worldwide smartphone shipments were expected to be priced below US$400 under heavier downward economic pressure, according to IDC's report.

Equally, global smartphone value will likely drop 7.9% YoY to US$422.4 billion this year, as consumers are turning to low-to-mid range phones.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118400
Joined: Wed May 07, 2008 9:28 am

Re: Telecoms, Mobile Phones, 5G etc.

Postby winston » Wed Oct 14, 2020 6:51 am

Handset demand falls in September

by Stella Zhai

Sales of handsets on the mainland fell 35 percent year on year in September ahead of the launch of more 5G new phones.

Shipments of handsets totaled 23.33 million units last month, with 5G phones taking up 60 percent, data from China Academy of Information and Communications Technology showed.

Source: The Standard
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118400
Joined: Wed May 07, 2008 9:28 am

Re: Telecoms, Mobile Phones, 5G etc.

Postby winston » Fri Dec 11, 2020 8:01 am

Mobile shipments drop 15pc in mainland

by Winnie Lee

Total mobile phone shipments in China fell 15.1 percent year-on-year to 29.584 million units last month, the China Academy of Information and Communications Technology announced.

And the number of new mobile phone models fell 46.4 percent to 30.

The total number of 5G phone shipments was 20.136 million units, accounting for 68.1 percent of total shipments.

The number of new 5G phone models was 16, accounting for 53.5 percent of total new mobile models in November.

Q Technology's (1478) camera modules sales fell 6.3 percent month-on-month and 16.8 percent year-on-year to 34.95 million units in November, due to the Covid-19 pandemic and a shortage in the supply of key parts in the smartphone supply chain.

The sales volume of fingerprint recognition modules rose 23.8 percent month-on-month and fell 13.4 percent year-on-year to 10.452 million units, due to the fall in smartphone shipments.

Meanwhile, the third-quarter shipments of mainland smart home appliances fell 2.5 percent year-on-year to 51.12 million units, a report from IDC showed.

Gao Feng, a spokesperson of the Ministry of Commerce, said that in terms of promoting commodity consumption, China will focus on expanding the consumption of key commodities, including vehicles and green and smart home appliances.

Source: The Standard

https://www.thestandard.com.hk/section- ... n-mainland
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118400
Joined: Wed May 07, 2008 9:28 am

Re: Telecoms, Mobile Phones, 5G etc.

Postby winston » Tue Jan 05, 2021 3:57 pm

Global Smartphone Output May Hit 1.36B Units This Yr, Huawei Ranking May Fall to 7th: TrendForce Study

Global smartphone production slipped 11% YoY to a mere 1.25 billion units last year, marking the steepest-ever decline, reported TrendForce.

The global handset production is expected to reach 1.36 billion units, up 9% YoY.

Huawei may be ranked 7th in the global smartphone market this year, down from the 3rd position last year.

CITIC Sec: XIAOMI-W (01810.HK)'s Smartphone Premiumization May Boost Profitability, Valuation

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118400
Joined: Wed May 07, 2008 9:28 am

Re: Telecoms, Mobile Phones, 5G etc.

Postby winston » Mon Feb 08, 2021 9:04 am

China Lost Millions of Cell Phone Users in 2020: Official Data

BY NICOLE HAO

According to the bulletin, “the whole country lost 16.4 million phone users in 2020, and the total number of users dropped to 1.776 billion.”

In detail, cellphone users dropped by 7.28 million to 1.594 billion, while landline users dropped by 9.13 million to 182 million.”

However, these numbers are conflicted with the numbers published by mobile carriers and on the MIIT website.


Source: Epoch Times

https://www.theepochtimes.com/china-los ... 21-02-07-1
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118400
Joined: Wed May 07, 2008 9:28 am

Re: Telecoms, Mobile Phones, 5G etc.

Postby winston » Sun Feb 21, 2021 8:06 am

Malaysia: MyDigital a game changer if well executed

To achieve this, RM21 billion will be invested through the National Digital Network (JENDELA) over the next five years;

RM1.65 billion will be invested by telecommunications companies to strengthen connectivity to the international submarine cable network until 2023;

RM15 billion will be invested to roll out 5G nationwide over a period of 10 years;

Between RM12 billion and RM15 billion will be invested by cloud service provider (CSP) companies over the next five years.


Source: theedgemarkets.com

https://www.theedgemarkets.com/article/ ... l-executed
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118400
Joined: Wed May 07, 2008 9:28 am

Re: Telecoms, Mobile Phones, 5G etc.

Postby winston » Tue Feb 23, 2021 10:26 am

Accelerating Digitalisation Via MyDigital Blueprint

The government launched the MyDigital blueprint last Friday to drive greater
connectivity among Malaysians.

This strategy will span 10 years (2021-30) and the government will own, implement and manage a nationwide 5G coverage.

Total investment is estimated at RM21b. A single-infrastructure investment owned by the government will help close the rural-urban digital divide.

Key beneficiaries within our coverage include TM and MYEG. Other beneficiaries include Awanbiru, Datasonic, GHL and Revenue Group.

Source: UOBKH

https://research.uobkayhian.com/content ... c8993e066c
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118400
Joined: Wed May 07, 2008 9:28 am

PreviousNext

Return to Business Sectors & Industries

Who is online

Users browsing this forum: No registered users and 3 guests

cron