Chuanguanghong Technology's mobile phone shipments exceeded 100 million units in 2022, a year-on-year surge. Who is the king among shielding material manufacturers

According to the information obtained by the author from the supply chain, by 2022, with the support of Xiaomi, Honor, and Samsung, the shipment volume of Guanghong Technology is expected to reach 100 million units, showing a year-on-year surge compared to 2021.

As is well known, the current top smartphone brands mainly include Apple, Samsung, Xiaomi OPPO、vivo、 The shipment volume of Honor and Huawei series smartphones in the entire smartphone market has become very concentrated. With the occurrence of Huawei's mobile phone transformation, the mobile phone industry chain enterprises have been greatly affected. Previously, the author has analyzed multiple times that many core suppliers of Huawei smartphones have suffered negative impacts.

However, for companies with strong capabilities, they quickly respond and switch customers, while reducing their impact by expanding into non mobile phone markets. Under these two measures, some Huawei mobile phone concept stocks have experienced a significant reversal in performance!

Among them, Guanghong Technology is one of the classic cases; According to recent information from the supply chain, the company's smartphone shipments in 2022 are expected to exceed 100 million units, a year-on-year surge compared to 2021; In addition, the company is also vigorously expanding into the automotive market, and its automotive communication module products have achieved shipment volume, as well as a large volume of VR/AR and other smart wearable devices. Under the above three factors, this may drive the company's performance to increase significantly next year!

Xiaomi's statement:

Hope to achieve the goal of 40 million smartphones with Guanghong Technology next year

It is reported that on the afternoon of December 29th, Guanghong Technology held a grand offline ceremony for 20 million Xiaomi smartphones in the Third Intelligent Industry Park. The Xiaomi project was introduced in November 2020 and has since produced 20 million smartphones.

Zeng Xuezhong, Senior Vice President and President of the Mobile Department of Xiaomi Group, said, "The launch of 20 million Xiaomi smartphones this time is the result of our joint efforts and a milestone achievement, which is of great significance to both Xiaomi and Guanghong Technology

Zeng Xuezhong also emphasized, "We hope to continue our love for Guanghong Technology and go to the mountains and seas together. In the future, Xiaomi will strengthen its cooperation with Guanghong Technology, gradually introduce high-end and flagship projects, and enhance the scale of cooperation. At the same time, we hope to work together with Guanghong Technology to achieve the goal of 40 million Xiaomi smartphones next year with a complete supply chain, create development opportunities, and share development achievements

Tang Jianxing, Chairman and General Manager of Guanghong Technology, said, "Guanghong Technology has always adhered to customer-centric and technology led approach, pursued excellence, strictly adhered to quality, and provided customers with high-quality products and services. Since the Xiaomi project was introduced in November 2020, Guanghong Technology has attached great importance to it and has made every effort to ensure the operation of the project with maximum investment and a high-quality team

Year on year surge to new heights

Chuan Guang Hong Technology's smartphone shipment volume exceeds 100 million units in 2022

In addition, according to information obtained by the author from the supply chain, by 2022, with the support of Xiaomi, Honor, and Samsung, Guanghong Technology's shipment volume is expected to reach 100 million units, showing a year-on-year surge compared to 2021. In addition, non mobile phone products such as automotive electronics, wearable devices, and new energy businesses will take off comprehensively.

It is reported that in addition to the cooperation between Xiaomi and Guanghong Technology on 40 million smartphones, Samsung expects its ODM projects to exceed 60 million units in 2022, with the main beneficiaries being Wentai Technology, Huaqin Technology, and Longqi Technology, all of which are Guanghong Technology customers. Huaqin Technology and Longqi Technology are also shareholders of Guanghong Technology, which will undoubtedly benefit Guanghong Technology.

At the same time, Guanghong Technology has had a very close cooperation with Huawei before. Many of Honor's mobile phone OEM orders were completed by Guanghong Technology. After Honor was spun off, Honor reshaped its supply chain system and strengthened its cooperation with Guanghong Technology. Guanghong Technology also stated that the company is Honor's core consumer electronics manufacturer and has relevant project plans. The company will actively cooperate.

According to industry insiders, "Honor's shipment volume may increase significantly next year, becoming a new variable in the smartphone market in 2022, and the related supply chain will benefit

From the perspective of 'Pan China Action', although Huawei's mobile phone shipments have encountered supply chain obstacles, the disguised splitting of Huawei's mobile phones will also lead to a rebound in shipments, which is undoubtedly beneficial for supply chain manufacturers. At the same time, ODM orders from OPPO and vivo are also being released, and Guanghong Technology has also become a downstream mobile phone OEM that benefits.

Simply put, with the support of top mobile phone brands such as Xiaomi, Samsung, Honor, "Pan Huawei" (such as Hi Nova9), OPPO, Vivo, etc., Guanghong Technology's shipment volume next year is expected to increase significantly compared to 2021.

In addition, according to the information released by the official account of Guanghong Technology recently, Mr. Su Zhibiao, the executive vice general manager of the company, made a business plan for 2022, saying: "The company will usher in greater growth in 2022, and the annual shipment will exceed 100 million units, reaching a new height."

It is reported that Guanghong Technology's manufacturing bases in Vietnam and Bangladesh have been successfully put into operation, and the shipment volume of its manufacturing base in India has doubled. The third and fourth manufacturing bases (Guanghong Electronics) of its Huizhou headquarters have also been successfully put into operation; The monthly SMT processing points have increased from 7 billion to 10 billion; Successfully obtained the global supplier qualification of renowned automotive parts provider Faurecia and became its global EMS partner; The newly introduced Honor customer has achieved the established output target and become its core EMS partner.

Guanghong Technology also emphasized that "2022 will be a year for Guanghong Technology to gather strength and make breakthroughs. The company's existing business will experience significant growth, and the automotive electronics, smart wearables, and new energy businesses will also usher in new developments

In fact, like many companies in the mobile phone industry chain, Guanghong Technology has long been laying out in the automotive industry while focusing on the smartphone market. The explosion of automotive electronics will be a new breakthrough point for many companies such as Guanghong Technology to expand from the mobile phone market to the automotive market. It emphasizes that the main customers of the company's automotive electronics business are top domestic car brands such as Valeo, Toyota, Volkswagen, General Motors, Volvo, Honda, Geely and other excellent car companies.

For products such as the "black box" EDR for automobiles, Guanghong Technology has stated that the company has been producing various types of EDR and related automotive information collection, processing, and transmission products such as T-BOX (automotive black box) and OBD (on-board automatic diagnostic system). The company provides manufacturing services for related products to customers including Yikatong, Gaoxin IoT, and Youfang Technology.

The Equipment Industry Development Center of the Ministry of Industry and Information Technology has issued a notice on the implementation of the second amendment to GB 7258-2017, supplementing the "Technical Conditions for Motor Vehicle Operation Safety". The notice specifies that from January 1, 2022, all newly produced passenger vehicles in China are required to be equipped with EDR or DVR that meets the regulations. This will undoubtedly usher in new growth for the EDR industry chain.

For example, in the field of wearable devices, according to the company, the company has been laying out the production of VR smart wearable products for a long time. The company has produced various types of products in the smart wearable field, such as smart watches, bracelets, glasses, etc., and has rich experience and accumulation.

Overall, 2022 will be a year of simultaneous qualitative and quantitative changes for Guanghong Technology; In terms of volume change, its smartphone business has been perfectly integrated from Huawei to top global smartphone brands, with shipments exceeding 100 million units; In terms of qualitative change, its non mobile phone products will experience rapid growth. Whether in the field of wearable devices such as VR or automotive electronics, they will be able to make significant contributions to the company's performance. In this situation, it is expected that its performance will achieve rapid growth in 2022!