Consumer Electronics Sector Scorecard Q1 2024 Update - Thematic Intelligence

The spotlight was on Apple following the release of its Vision Pro headset in February 2024 and its troubles and legal disputes. The Vision Pro received a positive overall response, with users praising its ability to blend digital content into the physical world. However, the device does not currently support popular apps like YouTube, Spotify, and Netflix. This is primarily because many developers believe that the Vision Pro will not be a big enough platform to justify the time and resources necessary to make their apps compatible with the device. Vision Pro sales should be robust in Q2, but a very high price will hamper adoption as the novelty wears off.

Apple’s sales in the Greater China region are declining due to the knock-on effects of the COVID-19 pandemic and resurgent interest in domestic tech. Rumors circulated in February 2024 that SMIC may be close to creating chip production lines in Shanghai that supply 5-nanometer (nm) processors to domestic handset makers like Huawei. Further rumors circulated in March 2024 that SMIC was assembling an R&D team to start working on a 3nm process within the year. Pressure from Chinese tech companies will continue to hamper Apple’s position in China.

Scope

This sector scorecard provides a top-down, comprehensive outlook for the key players in the consumer electronics sector over the next two years, based on the key themes set to transform their industry landscape.

Reasons to Buy

• Companies that invest in the right themes become success stories. Those that miss the important themes in their industry end up as failures.
• The thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying the important themes early, enabling companies to make the right investments ahead of the competition, and secure that all-important competitive advantage.
• The publisher has developed a unique thematic methodology for ranking all major companies in all major sectors based on their relative strength in the big themes that are impacting their industries.

Our thematic engine tags over 180 million data items across six alternative data sets-patents, jobs, deals, filings, social media, and news-to themes. The vast datasets within our thematic engine help our analysts to produce sector scorecards that identify the companies best placed to succeed in a future filled with multiple disruptive threats.