研报掘金丨山西证券：首予中芯国际“买入-A”评级 24年指引收入中个位数增长

格隆汇资讯04-18

山西证券研报指出，中芯国际(688981.SH)2023年半导体行业周期下行，下游需求不振，公司晶圆销售数量减少业绩承压。受益消费电子新品发布与宏观经济回暖预期，2023下半年行业逐步复苏，Q4环比明显改善，手机终端应用增长强劲。随着下游库存水位调整和需求逐步回升，预计2024年公司收入增幅不低于可比同业均值，实现同比中个位数增长。公司作为大陆代工龙头，有较强的抗周期波动能力和供应链本土化优势，...

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