1、内外兼修，君临天下 3,964 13,632 20,619 26,014 32,598 64.74% 243.93% 51.26% 26.16% 25.31% 139 466 2,483 3,531 4,443 1.20% 235.46% 433.29% 42.19% 25.82% 0.30 0.54 2.88 4.09 5.14 8.49% 5.87% 23.99% 25.90% 25.07% 746 421 79 56 44 -10% 32% 74% 116% 159% 10- 19 12- 19 02- 20 04- 20 05- 20 07- 20 09- 20 11- 20 韦尔股份

2、沪深300 要点 1 CIS 1.1 77%5%12%TDDI6%E 1.1 1.2 39.81% 1.3 2 CIS 2.1 CIS 2.2 2019160CAGR10% 2.3 2.4 CIS 2.4.1 2.4.2 3 CIS48M64M 3.1 48M 3.1.1 0.8m 3.1.2 Quad Bayer 3.1.3 3.2 64MCIS 3.2.1 202064M 3.2.2 CIS48M64M 4 CISVRAR 4.1 CIS 4.2 CIS 4.3 VRAR CISARCIS 5 TDDI 5.1 5.2 5.3 TDDITDDI 6 7 8 9 9.1 9.2 1RMB .

3、 7 2CISMOSFET . 8 3TDDI . 8 4 . 10 520209 . 11 6 . 11 7 . 11 8 . 12 9 . 12 102019 . 13 11% . 13 12 . 14 13 . 14 14 . 14 15 . 15 16CIS . 15 17CIS2019 . 15 18CIS. 16 19CISPCCIS . 16 20CSP . 17 21COB . 17 22CMOSCCD . 18 23CCD . 18 24 . 18 25CMOS . 19 262019CMOS . 19 272024CMOS . 19 282019CIS . 20 29201

4、9CIS . 20 30CIS . 20 31CIS . 21 32 . 22 33 . 22 34 . 22 35 . 23 36 . 23 37 . 24 38CMOS . 25 39 . 26 40CIS . 26 41CIS . 26 42CIS . 27 43CIS . 27 44CIS . 28 45CIS . 29 464 in 1Quad Bayer . 29 47BinningTetracell . 30 48Remosaic . 30 49Quad Bayer . 30 503HDRHDR . 31 51CIS/ADC . 31 52CISADC . 32 5348M202

5、011. 32 541.5 . 33 55CISCIS . 33 56OPPO Find X22020.3.13Note 82019.8.21 . 35 57Redmi K30S2020.10.2792020.7.27 . 35 5864M202011. 35 59 . 35 60CIS . 36 61Redmi K30SCIS . 37 62OPPO RENO 3CIS . 37 63 . 38 64 . 39 65CIS2017 . 39 66CIS2018 . 39 67 . 41 68 . 41 69 . 41 70CIS . 41 71CIS . 42 72CIS . 42 73VR

6、 . 43 74AR . 43 75VR/AR . 43 76Hololens . 44 77Hololens . 44 78Hololens . 44 79Oculus Rift . 45 80Oculus Rift . 45 81 . 45 82 . 45 83 . 45 84CIS . 46 85CIS . 46 86CIS . 46 87 . 47 88% . 47 89 . 48 90 . 50 91 . 50 92 . 51 93 TDDI 94 TDDI2020 95 96 97-PE 98-PS 99 100 101 102 IMX586IMX700 IMX686 GW1 HM

7、1 HMX OV64A OV64B OV64C OV48B SK / CIS TDDI YOYYOY% % CIS TDDI % % CIS TDDI 976 1010 1752 2375 2831 YOY% 3.47% 73.55% 35.52% 19.22% 225 233 271 352 493 YOY% 3.57% 16.30% 30.00% 40.00% 151 158 181 271 434 YOY% 4.70% 14.57% 50.00% 60.00% 45 46 57 72 86 YOY% 2.46% 24.25% 20.00% 20.00% PC 17 19 23 27 33

8、 YOY% 9.74% 21.54% 20.00% 20.00% 21 22 27 32 38 YOY% 3.52% 25.58% 20.00% 20.00% 1434 1486 2314 3129 3916 YOY 3.66% 55.66% 35.25% 25.13% 365 401 787 1127 1410 25.45% 27% 34% 36.00% 36.00% / 76.33% 76.76% 80.24% 81.44% 0 1486 2314 3129 3916 583 1947 3014 3900 4808 YOY 219.32% 54.80% 29.38% 23.28% 143

9、533 936 1301 1615 23.41% 27.39% 31.04% 33.37% 33.59% 3964 13632 20619 26014 32598 YOY 243.89% 51.26% 26.16% 25.31% 928 3734 6400 8681 10951 23.41% 27.39% 31.04% 33.37% 33.59% 3,964 13,632 20,619 26,014 32,598 64.74% 243.93% 51.26% 26.16% 25.31% 139 466 2,483 3,531 4,443 1.20% 235.46% 433.29% 42.19%

10、25.82% 0.30 0.54 2.88 4.09 5.14 8.49% 5.87% 23.99% 25.90% 25.07% 746 421 79 56 44 63 25 19 14 11 441.0 1.76 2.82 4.03 5.49 250 156 109 80 1004.4 4.97 9.42 12.90 16.77 202 107 78 60 989.9 6.07 9.70 13.43 17.62 163 102 74 56 686.2 4.06 8.64 12.29 16.58 169 79 56 41 196 111 79 59 2007.0 4.7 24.8 35.3 44.4 431 79 56 44 441.0 7.9 11.7 16.4 22.1 56 38 27 20 1004.4 15.1 26.7 36.8 47.3 66 38 27 21 989.9 32.0 45.5 61.3 79.6 31 22 16 12 686.2 34.3 34.0 44.3 56.6 20 20 15 12 43 29 21 16 2007.0 136.3 206.2 260.1 326.0 15 10 8 6