IoT Module, Controller Industry-related Companies in The Second Half Of The Performance Is Expected To Improve Quarter By Quarter

CITIC Capital said that the global economy is expected to gradually recover, and emerging markets will contribute the main increment. For the Internet of things, controller industry, the industry chain inventory situation improved, or gradually usher in the inflection point, while the downstream revenue accounted for a relatively high PC, automotive and other downstream segments, has begun to show some signs of demand recovery. Plus domestic manufacturers will continue to benefit from the "east to west + head concentration", is expected to reflect a more robust performance recovery. Looking ahead to the second half of the year, IoT modules, controller industry-related companies performance is expected to improve quarter by quarter. With the recovery of downstream demand, the relevant companies are expected to usher in the performance + valuation double upgrade, it is recommended to gradually layout.