The electronic communication industry fully embraces AI and starts a new round of growth cycle.

With the disclosure of the closing, the full year of 2024 and the first quarter of 2025 for the A-share electronic and communication industry's performance have come to light: the industry has fully embraced the wave of artificial intelligence, with steady and improving performance, ushering in a new growth cycle. According to IDC statistics, the global smartphone shipments in 2024 reached 1.24 billion units, an increase of about 6.4% year-on-year, and the smartphone market is recovering. IDC predicts that the shipments of generative AI smartphones in 2025 will be close to 420 million units, an increase of 82.7% year-on-year, accounting for one-third of the smartphone market share, with huge market potential. Leading the industry, Luxshare Precision achieved a revenue of 268.795 billion yuan in 2024, a year-on-year increase of 15.91%, with a net profit of 13.366 billion yuan, an increase of 22.03%. In the first quarter of 2025, the company continued its growth trend, achieving a revenue of 61.788 billion yuan, an increase of 17.9% year-on-year, with a net profit of 3.044 billion yuan, an increase of 23.17%.