Click here to load reader
Upload
dinhthu
View
294
Download
0
Embed Size (px)
Citation preview
201010
20175
:
: 2017-6-5
1
2
3
5
5
1 5
6
1 6
210
35IPO12
414
17
17
1DNA17
18
118
224018
3201821
23
23
123
35
15G 35
2 38
32017IC44
/47
47
147
53
1""53
21557
64
64
1AI64
267
70
1Spark70
273
33D75
/77
77
1377
85
185
289
395
42000150099
104
104
12016104
220162017Q1115
32017VOCs123
139
1PPP 139
2143
3146
41420203147
151
151
1151
22017154
159
11500159
2AMOLED160
3160
4
1 1
,2017,,
,,,,,,,,,,
,,,,,,,,,
,,,,,,,,,,165,,,,,,2025,,,,,,,,,,,,,,,
,57,7,,,,,
,2017,,,,,,,,,,,
1
,,,
HOMS2015,,,,2015,
,,,,,
HOMS,
,,,
2016,,,
,,,,
,,,,,,
,,,,
,
1:21:5,,,
,,,,,,,,,,,
:
,
,2015,,,,,,,
,,4,,,,20159,,,
,,,,,,
,
,1,,4,,
,,2015,,,2015,2016,,,,1,,,4,
2015,,,2016,,,,,,,
,,,4,,,,,,
,41315,,27%;41754,
,41719,,10%42124,,,
,,415,,,
:,,,
:
,,,
1.51
1
2015HOMSPBPB
PBPB
PBPB
,,,HOMS2015,,,,2015,,
2
2,
,,,51%,,,
,,,
,,,,,
,,,
,,,
,,141,
,51%,,36,141
?,,,:
,,60
,,:,500;,22
,,36
,,
,,
,,
,,
,,,,
,51%,,36,141,,,,,
35IPO
Wind,27IPO,564,9,14.06%,412%,IPO:,
Wind,531,233,195,27,11,11.59%
,27
,
,,,2017,
,
,
524,2014-2016,,,
,IPO,,
,,
,IPO:,,;,,,;,
,IPO:
,
,,
,IPO,,
Wind,27IPO,564,9,14.06%,412%,IPO:,27
4
,,,
,,;,:,
,,,,,,500,,,
,90,1%,2%,,3%,1250%,,,,,,,,,,,
,,,,,,,,,
,,,,
,,,,
,
,,,,,,,,,,,
,,:,,,,,,,,,
,,,:,
,,,,,,:
,,,,,,,,,
,,
2 1DNA
2017-06-01
DNA
MIT"DNA"10DNA
B
DNA70DNA1940
..DNAIT5DNA2.15GB
DNADNA200MB100DNA
MIT80
400b100MB
10
1
2017-05-31
CannabidiolCBDDravet/Dravet Syndrome / severe myoclonic epilepsy in infarlcy
Dravet20
CBDEpidiolexGWGWFDA
120Dravet21820 mg/day Epidiolex 14 Epidiolex126
Orrin DevinskyCBD
525
2240
2017-04-24
24BDBecton Dickinson240C R Bard
BD222.930.5077BD317
9BD24GE
201624
120152016121
BD20142014108BD581222015
BDBD129Top 10
CareFusion201423
242014109
BDBD201534BDCRISI 2015327 Cellular Research201591 BDCellular Research2015913 BDSeegene2016310 BD
201744BDCaesarea Medical ElectronicsCMECME201440%BDCME60%
CMEBDBDBDBD
32018
2017-05-11
10%Pharmacyclics457%
AlkermesExelixisIncyte Corporation2018EPS4
1. Alkermes
AlkermesALKS3831IIIALKS3831
AlkermesALKS-54612018FDAALKS-8700
1425%59.66
2. Exelixis
Exelixiscabozantinib cobemetinibCabozantinibRCC20176240RCC
EPSEPS0.0520180.49880%2020ExelixisPES1.5822.11
3. Incyte Corporation
2016Evercore ISI244Incyte CorporationIncyteJakafiIclusigJakafiJAK1/230Iclusig
epacadostatIncyteKeytruda16baricitinib18FDAbaricitinibIncyteEPS417%
3 1
2017-05-16
ADAS HIS 2014 2800 2020 8300 20%2015 62202013316%
2020 4200 60 2015 1300
1 5% 2020 2699
2 2020 1 40%2 20%1 50%1 5%
31 1 10% 400 2020 4200 160 67
2020
CMOSComplementary Metal-Oxide Semiconductor DSPDigital Signal Process 2014CMOS
CMOS CMOS CCDCharge-coupled Device CMOS CCD
1 CMOS CCD CMOS 5000 /
2 COMS CMOS Sony Samsung OmniVision 60%
Sony CMOS CMOS Toshiba CMOS OmniVision CMOS CMOS
2015CMOS
TSR 2015 30%
%
PanasonicSony Valeo Fujitsu-ten
%
1
40KHz
i 7 6-12 4
2 ADAS
1mm 10mm 30GHz 300GHz
ADAS 1 2 3
ACC AEB 150m-250m 300m ACCAEB
24GHz 60~61GHz 76~79GHz 24GHz 76~77GHz 60~61GHz 24GHz / 76~79GHz / 1 1997 76-77GHz 2 24GHz 76~77GHz 3 60~61GHz76~77GHz 4 2015 77.5~78.0GHz 5 2005 77GHz
MMICMonolithic Microwave Integrated Circuit PCB Printed Circuit Board BoschContinental Denso Autoliv 77GHz BoschContinentalDensoDelphi Bosch 77GHz 2016 77GHz Continental 24GHz
2015 %
CMOS 77GHz 250 SiGe CMOSCMOS SiGe CMOS 76-81GHz 77-79GHz CMOS CMOS CMOS SiGe
Fujitsu CMOS 4 Fujitsu SiGe CMOS SiGe Fujitsu 2018
3
24GHz 77GHz MMIC MMIC 24GHz 77GHz 77GHz
ADAS ADAS ADAS ADAS ADAS 24GHz 77GHz 2015 12 16 700 10%
1 0.1mard 3km 0.3m 0.1m 10m/s
2
3
GPS ECU
Velodyne 64 2012 5 Velodyne 64 Velodyne 64 16 32
Velodyne 64
2016 Velodyne Quanergy
Velodyne 200 Velodyne 64 130 7
2016 1 CES Velodyne Solid-State Hybrid Ultra PuckTM Auto 200 ADAS Pack1.5 6-8 Velodyne pack2.0 18 pack3.0 2020 500 2025 200
Quanergy 100 Quanergy CES S3 250 100
1
Velodyne Ibeo Quanergy
1Velodyne Velodyne DARPA 2007 Velodyne 64 360 2011 Velodyne HDL-64E64 HDL-32E32 VLP-1616 Uber 64 32 16 2016 1 CES velodyne HDL-32 NAVYA ARMA VLP-16 HDL-32 32 Velodyne 32 16 1 Solid-State Hybrid Ultra PuckTM Auto 32 16 Velodyne32 200 ADAS 2025 200 Pack1.5 6-8 Velodyne pack2.0 2018 pack3.0 2020 500 2025 200
2 Ibeo Velodyne Ibeo 1998 2000 Sick AG 2000 2008 2009 Sick AG 2010 ScaLa Ibeo miniLUX LUX
LUX 4 8 8 4 4 ACC 360
miniLUX 3D
Ibeo ScaLa B2 4 Cruise4U Ibeo ScaLa ScaLa AEB
3 Quanergy 2014 5 2014 12 3000 A 2015 Quanergy Quanergy Lidar Quanergy
2014 9 M8-1 M8-1 1000 3
2016CES Quanergy S3 8 10cm-150m 30Hz 360 100
2 ADAS
65% AGV 32 3D 10 3
AGV
SLAMTEC 2013 10 RoboPeak 6 RPLIDARSLAM 3.6
15G
2017-05-31
5G5G
GaAs/GaN4G5G20205G5G5G
5G
5GGaAsGaAsSiSi4GGaAs5G6 GHzGaAs5G504G(20)11()GaAs2020GaAs130
5GGaNGaNSiGaAs2.4 GHzSi4GGaN10%GaNGaN50%5G85 GHzGaNGaN5G1505GGaN2020GaN6
215G(DARPA)2002(WBGSTI)GaN(NEXT)QorvoCree(EDA)2010MANGA
4GGaAsSkyworksQorvoBroadcom90%GaNCreeQorvoQorvo2008260GaN17Cree2014GaN100
QorvoRaytheonGaN(MRL)989GaN
2015LumiledsGCSAixtron5G201632017312
5GOPPOvivo4G20055SkyworksQorvo60%
2013IMT-2020(5G)5G(Polar Code)3GPP5G
132955LEDLEDLEDLED36/
GaAs4G(PA)202G3GPA2G64%3G42%4G PA4G PA2016124G PA5-10100GaAs4G PAGaAsGaAs
2
2017-05-30 seeking alpha
IoT NANDMicron
IBM Research AlmadenJeffrey WelserIoTYouTubeNANDNVM
90[...][...]60%[...]...2017
Welser
WelserNANDspinning rustNANDNANDNANDNANDNAND
Everspin TechnologiesMRAMIoTNANDNANDNANDbitsdollarsIoT3D XPointMRAMReRAM
IoTNAND
IoTNAND
(Source: Hewlett Packard Enterprise, LLC)Hewlett Packard EnterpriseLLC
NAND23GB/PB
2021160 TBexascale10 ExabytesEB/2028200 EB
IBMer 2020SKA10eb1 EB10TB
1 Gbps1000 TB80Exabyte10,000 TB10Gbps5G5G10Gbps100
Cisco20201.1 ZB2.3 ZBIDC2025163ZBNAND
Cisco53SMSAs100
GEGE60240
3200 [...]Vision Zero
IoTNAND
ROIs NANDNANDCiscoIoT
NAND
NAND
1.fabsNANDfab
2.IoT IoT IoT
3.IoTNASDAQAAPL
4. IoTsensor-direct-to-cloud IoT2022200
NANDIoT
IoT 2120NANDIoTCisco/IDC510NAND()2019NAND
202080EB3D Gen 4103DGen 1Gen 24 400k wpm
DRAM 3D XP Gen2Gen3DRAMIoTDRAM20DRAM20213D XPoint Gen2/3DRAMMicron
IM XPMicronXP2020ReRAMMicronXPNANDNANDDRAMDRAMDRAMIoTDRAM
Micron2020DRAM3D XPointDRAM MicronXP Gen 2Micron TAMNAND
323D NAND Flash2018-20192020201632402018202030
NANDNANDNAND
32017IC
2017-05-25 IC insight
IC22%
ICIC22%280
IC2014IC11.5%20152.5%201610.8%2015DRAMFlashASPICIC
2016ASPIC2017DRAMIC22.4%
IC Insights2017IC2017DRAM50%NAND Flash ASP28%34%IC
20168%202010%ICIC Insights2020ADAS
2017IC
2017ICICIC
ICICIC
4 /1
2017-6-3
3Q62EMS
6336312
3Q
522
526UPS+
529EMS15
61
4
62 CEO 26
62
CEO618
@
@
EMS61
3Q62
20135()21.543%1632%510%510%50001%
20151170%170
20167041002017125A300
61
522
201653C
371.537+E
52914531
12
20151218
1""
:2017-05-27
4012...
520e
eofoAPP1990.5ee9037
201/
20
526
5030121
15e
ofo
20163
2
+
C E Ologoe17510A PP
1034012
ROI
UberAirbnb
215
2017-5-17
App415
66692
9
2005YoutubeBroadcast yourselfUGC2012PCUGC
PC
PGC
6 App X UGC
353.5 D
CEO
D3 App Store 50
App
App
6000
24
App Store
KOL V
20151500 App Store
3Musical.ly
App2Musical.ly
Musical.ly Musical.ly
Musical.ly Musical.ly
DubsmashUGC
UGC
10App
App 24 App Store
UGC
Instagram Instagram
Instagram Instagram Facebook 10
3
Lady gaga
All in
9All in 10
516101210 UGC
15 UGC
10
YY MC 2000
App20161278001.75
QuestMoblie 4201710+APP
2017 App 23115.8%10211965
PGC
PGC QuestMobile App
9 UGC 90% PGC 90%
PGC
App
All in
2 Flipagram App 5000
Flipgaram 201577000 B 3
TMD
2017100
BAT
App App App Flipagram UGC QM
DAU AppQuestMobile 2016APP
7
BAT
Uber BAT
BAT ......
5 1AI
20170527 19:17
527KK1994
KKKK,
(
(?
(
?
KK198419872009KK
4.0
AI
AIKK51%49%AIAI
AI
KK AIAI
KKAIAIAI
AI
?
KK516,
KKAI
KKKK
KK
195419972007
60
2C
2
2017-05-16 23:43
516+
7
7
1
2
3
4
5
6
7
4
1
2
(
3
100806060
4
1Spark
2017-05-25
9Mavic ProSpark
Spark
Spark143 143 55 mm170mmMavic ProSpark
SparkTOF
Spark Spark25
SparkSpark
Spark
Spark10Spark
SparkSparkSpark
Spark1/2.3CMOS12001080p30fpsSpark4UltraSmooth
SparkDJI GO 4
SparkFlightAutonomy30GPS3D5Spark
Spark Spark
Spark162 FPV50/2DJI
Spark3,2994,599Spark5
DJI6
Spark
SparkWi-Fi
2
2017-05-30 23:08
CB Insights2016550020161.0648.11%20151.3458.95%
1625025083123..
Skye Orbit2016932002016318......
90%10%1024054
20168.82017
201685500+
22020300
ACEO
2017
33D
2017-05-24
5233D3D5-10
3DC9193D3D3D
3D3D3D4D4D
5-10
6 /13
201610
??
1
2PC90
3;
4
ZARAH&MRFID
ZARAZARAZARA4-12ZARA----ZARA1.823714305ZARA20H&M4-6
ZARAZARAZARAPDAZARA
1)2)3)4)
4.0
1);
2)PCPC
3)
4)UGCPGC20%-30%50%10%-15%
+
26
19874%;43;RFID
AC2015
4P()4C()
++
;SKU();
;90-95
;
IP
1);
2)2016528CAGR59.4%
3)IP++
++SOP
1);2);3)
SOP
VR
Retail Tech()
1
7-11201630-4020162020750300020241
5
2
7-11()
GDP6000GDP1
1.25(7-11)3.215
3
2016201513%2014
7-11232%
7-11
7-117-117-113571180%
2013
411O2O
20132630
O2O
11
10
5102017201720161300
26020169.82015118113%13344%20153576//20163714//
7-11/41.5%
50%50002000
O2OLBS
11
15
2
2017250%
201724000632
620
90201221
5
201150100+90150170
152001000/
12050
20161IDG
50100ERP
IDG1
20153231011.7%GDP6.9%201610%100%16
1.
2.
3.
4.
5.
111-3
1.
AB1.812
2.
4/5
3.
COCOPark852
4.
7CEOCEO
5.
3
NewSeed
5257000
618
97%
12811600+
76500
20153C3C
2015
O2OB2C
11-22-180-410-152
o2o2030
3000
O2OB2B201615%201710.5%
2018150050%1%
++
o2oo2o
o2o
420001500
2010201649.1%2016172020202000
3
201615001500
20
2
5600020
3
4000800020008000
O2OBusiness DoctorO2O101000/35%
1234
582015150300020164300
58582
20175003
2016201645737%16%19612%14710%125
200845
APP80730002014400
301015004
3:750%201950%
201620002016201735600
1.170%30%
20100
,80008%2%50%
7 12016
2017-05-08
201630%1742%
6920162017
2016
201630%20166918430%6922%2016201526%
+30%+22%
100%850-100%930-50%110-30%1823
2017
2017Q142%30%2017PPP
2017Q1+152%+139%+554%
4 1
2014-201616%-18%2%-13%20162.47%PPP
20162017PPP
201615415%2015-45318%
/201688.66%201590.78%0.98%50%
201647.48%201544.30%60%PPP
16
201665134.1%2016133.618.03%2016579.339%161.2510.68%
2017
2017187.760.2%201628.5%
PPP
24201650.432.14%15201638.15+45.24%50.1%928.5+17.9%20.8%
+36%+80%60%+226%+167%1616
PPP8.69201547.78%-112201554%PPPPPP
PPP
PPP
2017201710.3%5.93%12.42%EPC
PPPPPP
201620165.79%201517%3-5
(+47%)(+57%)+19%(-47%)-47%
2016201526.12%2pct24.15%201614.35201517.3917%
20171.13%6.86%-18%-63%-69%+12%+10%+5%
201720172017
18201645.9821.4%22.54%2015
+165%+71%+61%47%+49%161.1984%15
2017201711.544.03%201537.2%
2000
20168.62%201525.08%PPP
PPP
20164.0263%+41%+28%+23%44%26%
PPP
2017133%+459%+48%+9%
VOCs/PPPPPPPPP
2016+289%+94.45%
220162017Q1
2017-05-08
7420161880.8632.13%224.1417.22%2017427.240.42%47.45 49.44%
20162014
A201617.22%A5.43%2017149.44%A19.84%
201754A2016PE21PE46
1.
20167.8%5.83%20175.83%7.01%20%7%57%20162017Q115%
2.
20168.4%0.56%2017Q123.07%21.23%
31%201615%56%-57%BOT 201610.13
PPP201673.05%35.9%2017Q1108.48%500%PPP201650.79%8
201637.70%25.48%2017Q138.44%110.10%2016201671%54%
3.
20162017Q114.11%9.39%-4.26%32.14%2016201538.13%35.88%23.05%19.34%
2016PPPPPP 201641.03%42.24%2017Q145.06%186.36%25%-26%14.5%PPP201642.64%48.06%PPP201533.94%201641.46%
4.
201630.45%2017Q140.16%201620.87%201510201753.96%PPP201530.87%201639.04%
5.
201678.02%59.86%2017Q179.31%67.58%201520162017Q122.52%21.38%19.37%9.16%8.22%7.94%58%-60%201544.25%201648.7%
32017VOCs
2017-05-22
2015480226%16%2016508920158806.32014769.22016PPP11,000PPP201737001.766.6%
AWind51220161,363.6319.54%132.7118.42%123.96%28.61%220.64%21.16%344.54%41.86%
2016/+7.48%/4.81%A14.2pct1.7pct
7.48%2016463.467.48%A14.2pctPPPA31.18%A0.77pct
20164.81%9.71%201644.464.81%A1.7pctAPPP9.71%A4.02pctA
201610.00%2016214.64201510.00%A14.65pct201614.72201518.8713.16%A7.96%
//VOCs1//VOCs18.18%/16.73%/9.25%2//VOCs12.45%/37.07%/9.17%
450VOCs232019
VOCs
VOCs
201623/18.18%/12.45%181615%
201620/16.73%/37.07%11105%
VOCs2016VOCs19/9.25%/9.17%655%VOCs
390.04/129.39 /176.8120162016
2015294.9130.7%2015192.936.5%2016199.83.6%2015202032203094
12016122018220821356199259041700
20201000201650020201000CAGR18.9%
//1>>>>>>23
20165/ 71.56%/ 50.48%835956.oc12.89573014.77%47.73%
2016/9.4%/18.2%18.2%/12.5%23201615006
20152016201646479117
201520153976.19.43%2049.71174810.379.9 %20112015CAGR 3.75%2016/20174125/4280
20207004CAGR23.6%20004000201612183002020700CAGR 23.6%
20152015866 20147246201462015521.925.5%2016/201724.8/24.1%509.843.4%2016/201745.1/46.8%
10%5
+
70%100%
2016/16.7%/37.1%202016100062016/16.7%/37.1%
VOCs
VOCs
900VOCsVOCsVOCs50VOCs92220162018VOCs2015330VOCs3-4
VOCs4VOCsVOCsVOCsVOCsVOCs
2020400CAGR 68.1%VOCsVOCs40VOCs100-10002016VOCs502020400 4CAGR 68.1%
VOCsVOCVOC3000VOCs
VOCs200~3003
VOCs200VOCsVOCs4351222180VOCs59.65
VOCsVOCs
VOCs
VOCs2016/9.25%/9.17%VOCs192016100075VOCs
1PPP
2017-05-26
PPPPPPPPPPPPPPP
PPP
PPPPPPPPP
PPPPPPPPPPPP
5PPP2017PPPPPP
PPPPPP201728%PPP201620173PPP3786369
3PPP1228714.6PPP17292.934.5%PPP
PPP2017PPPPPPPPPPPPPPP
PPPPPP13.512.81201610581.86000
17/18(000776,)2017PPP3.87.3714%30%2017PPP
PPP
55PPP30PPPPPPPPP2%
53PPP12PPPPPPPPP
PPPPPPPPP
1226PPPPPP
PPPPPPPPP
55PPPPPP
PPPPPPPPP
73PPPPPP
PPP54PPP
PPPPPP
PPPPPPPPPPPP
PPP164.717201750-70%
17 PPPPPPPPP
PPPPPPPPPPPP
PPPPPPPPPPPP
2
2017-05-19
2011
3010
80002015201115.315.1
201611201599
,,
3
,
1231331
20%C60%C60%
3
2017-05-18
2030
21
203020252030
41420203
21 2017-05-06
2020 3
5414
2020201515%54.6%73%85%375%50%
21
E2021
100
21202050%
202010075%50%
21
20181.595%
2015816/20183700/660/3800/1.8
2017201634520103%40%
8 1
2017-5-16
[2017]92
2006-2020202520135
2006-20202025
3D
//
22017
2017-5-23
201513.4%
1
20
20166
2
1000.4/140%
50035%2020192
3
105Kg/140~150Kg/300Kg/150Kg/2021521
201612.7%
201651.752%1.84202135%2021232
286%TeslaModelS2108kg30%630Kg2021146
35%
202152020211462021667
11500
2017-5-14
()1615003D
()161500()1139
3D
82000116350
3
2AMOLED
2017-5-12
511AMOLED6AMOLEDBOE6AMOLED
BOE6AMOLED46520155201674.81850mm1500mm
AMOLEDLTPSa-Si100LTPS4K
6AMOLEDBOE2016126OLED4.81850mm1500mm2019
BOEOLEDBOE5.5LTPS/AMOLEDBOE5.5AMOLED2013AMOLED
AMOLED2020AMOLEDAMOLED65%20172018AMOLED
3
2017-5-23
Advanced Materials20%
3.8%22%
n-i-pp-i-n
14.26%18.32%Advanced Functional Materials2016Adv. Funct. Mater., 2016, 26, 350819%Advanced MaterialsAdv. Mater., 2016, 28, 1071820%Advanced MaterialsAdv. Mater., 2017, DOI: 10.1002/adma.201604758Advanced Energy MaterialsAdv. Energy Mater., 2016, 6, 1600457
2011LBNL
5