Demand in the downstream smartphone, PC, wearable device, and smart car markets picked up. In the first half of this year, A-share consumer electronics industry chain companies generally reported good results. 80% of companies made profits, and 17 companies' net profit grew by more than 100% year on year. Driven by new technologies such as generative AI, the overall development of the consumer electronics industry is improving in the future. According to Oriental Fortune Choice financial terminal statistics, the Securities Times reporter found that as of August 29, 2024, out of 94 companies in the A-share Shenwan consumer electronics sector, a total of 87 companies had disclosed their 2024 semi-annual reports. Among them, 70 companies achieved positive profits in the first half of the year, accounting for 80.45%. There were 70 companies with year-on-year revenue growth in the first half of the year, 55 companies with year-on-year increase in net profit, and only 9 companies with year-on-year decline in revenue and net profit in the first half of the year.

Demand in the downstream smartphone, PC, wearable device, and smart car markets picked up. In the first half of this year, A-share consumer electronics industry chain companies generally reported good results. 80% of companies made profits, and 17 companies' net profit grew by more than 100% year on year. Driven by new technologies such as generative AI, the overall development of the consumer electronics industry is improving in the future. According to Oriental Fortune Choice financial terminal statistics, the Securities Times reporter found that as of August 29, 2024, out of 94 companies in the A-share Shenwan consumer electronics sector, a total of 87 companies had disclosed their 2024 semi-annual reports. Among them, 70 companies achieved positive profits in the first half of the year, accounting for 80.45%. There were 70 companies with year-on-year revenue growth in the first half of the year, 55 companies with year-on-year increase in net profit, and only 9 companies with year-on-year decline in revenue and net profit in the first half of the year.