汇丰银行-亚洲-半导体行业-智能手机越来越智能化

《汇丰银行-亚洲-半导体行业-智能手机越来越智能化》由会员上传分享，免费在线阅读，更多相关内容在行业资料-天天文库。

1、16October2017AsiaTechnologySectorEQUITIESSEMICONDUCTORSmartphonesgettingsmarterTAIWANGrowingAIadoptionamonghigh-endsmartphonesBruceLu*Analyst,TechnologySmartphoneAIdevelopmentstillatearlystagesHSBCSecurities(Taiwan)CorporationLimitedbruce.kl.lu@hsbc.com.tw+886266312861O

2、utlookforkeyplayersThurstonLee*AssociateGrowingAIadoptionamonghigh-endsmartphones:InconjunctionwithourHSBCSecurities(Taiwan)CorporationLimitedthurston.jc.lee@hsbc.com.twrecentMediatekreport(Mediatek:SizingtheASICopportunity,13Oct2017),where+886266312862wediscussedthetrendofsys

3、temhousesdevelopinghigh-endapplicationprocessorsinternally,andourAIthematicreports(ArtificialIntelligence:Chipswitheverything,16*Employedbyanon-USaffiliateofHSBCSecurities(USA)Inc,andisnotregistered/qualifiedpursuanttoFINRAregulationsOct2017andArtificialintelligenceandtheprodu

4、ctivityparadox,15Aug2017),wehighlightanothertrendofhigh-endsmartphonesincorporatingAI/machinelearningfunctionalitiesandneuralprocessingunits(NPUs).Webelievethistrend,asobservablethroughrecentlaunchesofApple’sA11andHuawei’sKirin970,willallowbothsoftwareandhardwaredeveloperstofu

5、rtherextendsmartphones’capabilitiesinareassuchas3Dsensing/AR/VR/real-timedataprocessing,furtherimprovetheuserexperienceandpotentiallyexcitethestagnantglobalsmartphonedemandagain.AIdevelopmentstillatearlystages:Althoughwehavejuststartedtowitnessnewdevelopmentsinnewfunctionaliti

6、es,suchasApple’snewFaceID,weexpectmoreapplicationstoemergeandutilizethepotentialityofAI/machinelearning.WebelieveHuawei’sapproachofcombiningon-deviceandcloudmachinecalculationstocreateamobileAIshouldbeagoodexample.Lookingforward,weexpectsupportfromdevelopersinalgorithmandsoftw

7、are/applicationdevelopmenttofurtheracceleratethedeploymentofAIfunctionalities.Aspartofthedevelopment,weexpectfutureapplicationprocessorstoexhibitlargerdiesizesasaresultofNPUadditions,andtherelationshipbetweenchipsetprovidersandsmartphonevendorstobecomeeventightergivenhigherint

8、egrationbetweensoftwareandhardware.Outlookforkeyplayers:Webel